Saxo Bank Japanese Arm Hires Erika Nakazato as Head Of Marketing

Nakazato has held similar roles at FOREX.com and Dukascopy.

Erika Nakazato has taken on the new role of Head Of Marketing at Saxo Bank Securities.

Erika Nakazato. Source: Linkedin

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Trading and Investment Tools

Based in Tokyo and licensed by the Financial Services Authority, Saxo Bank Securities is a subsidiary of Danish multi-asset broker Saxo Bank. The branch provides online trading and investment tools to both retail and institutional clients.

She has taken up her new post with immediate effect, according to information made public on her Linkedin profile.

Nakazato has held similar roles at a number of other financial services companies. In January 2010 she became the Marketing Manager of FOREX.com, a foreign exchange and metals broker which is a subsidiary of Cayman Islands Monetary Authority-regulated GAIN Global Markets.

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She worked there for almost five years. Then she became Head of Marketing for Alpari Japan, which was the Japanese arm of UK broker Alpari. After the latter became insolvent in 2015 as a result of the crisis caused by the Swiss National Bank removing the CNF/EUR floor, it was acquired by Dukascopy, a Swiss online trading banks. Nakazato was Head of Marketing of Dukascopy Japan for approximately three years.

She began her career in the financial industry as a broker on the spot yen desk of Kobayashi & Co, a Japanese bank. Nakazato has also been a customer dealer at the Bank of Novia Scotia and Head of Sales manager at Nippon First Securities.

Corporate Acquisition

We last reported on Saxo Bank a couple of weeks ago, when the firm received approval to sell a large part of its shares to two foreign companies. Specifically, Zhejiang Geely Holding Group Co. Ltd of China acquired 52 percent of the company, and Sampo plc of Finland bought 19.9 percent.

CEO Kim Fournais retained his 25.71 percent share. For the deals, Saxo Bank was valued at €1.325 billion ($1.550 billion).

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