Saxo Bank Switzerland Moves Forward With Revamped Leadership Team
- Saxo Bank Switzerland has reported a series of new hires across its Swiss unit.
Saxo Bank AG (Saxo Switzerland) has had a management shakeup today, following the announcement that its CEO Antonio Ferrante will be relinquishing his role and stepping down, according to a Saxo statement.
The new world of Online Trading Online Trading Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Read this Term, Fintech Fintech Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Read this Term and marketing – register now for the Finance Magnates Tel Aviv Conference, June 29th 2016.
Mr. Ferrante has been operating as Saxo Switzerland’s CEO since January 2015, having led its offices in Zurich and Geneva. Following the move, Saxo Switzerland has already moved to shore up the void, installing Patrick Hunger, the group’s acting Head of Legal & Compliance and member of the management board of Saxo Switzerland, as its interim CEO.
Additionally, Saxo Switzerland has rolled out move changes to its regime, tapping Raj Mehra as its newest COO with immediate effect. Mr. Mehra is also a Saxo mainstay, serving presently as its Global Head of Processing & Business Process Offshoring in Saxo Bank A/S.
Finally, Saxo Switzerland will lean on Neil Browning, who has also moved into the role of Head of Commercial in Switzerland – Mr. Browning has been a mainstay at Saxo since 2002. Collectively, Saxo Switzerland’s CFO Michael Voellm, along with the new appointments of Mr. Hunger, Mehra, and Browning, will help steer the group moving forward.
Steen Blaafalk
According to Steen Blaafalk, Chairman of the Board of Directors at Saxo Switzerland, in a recent statement on the duality of moves: “We want to thank Antonio Ferrante for his time at Saxo Switzerland and wish him the very best for the future. Patrick Hunger has strong competencies within the financial sector as a whole and in depth knowledge about Saxo Bank’s unique business and role as a facilitator. Together with the new Leadership Team Patrick will ensure the continuation of the positive development in terms of product offering and profitability since Q2-2015 into this year.”
The Saxo appointments follow after an earlier move this month in which Thomas Jegu was promoted to the role of CEO to succeed the founder of the Saxo Banque France Pierre-Antoine Dusoulier, Saxo’s French unit.
Saxo Bank AG (Saxo Switzerland) has had a management shakeup today, following the announcement that its CEO Antonio Ferrante will be relinquishing his role and stepping down, according to a Saxo statement.
The new world of Online Trading Online Trading Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Read this Term, Fintech Fintech Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Read this Term and marketing – register now for the Finance Magnates Tel Aviv Conference, June 29th 2016.
Mr. Ferrante has been operating as Saxo Switzerland’s CEO since January 2015, having led its offices in Zurich and Geneva. Following the move, Saxo Switzerland has already moved to shore up the void, installing Patrick Hunger, the group’s acting Head of Legal & Compliance and member of the management board of Saxo Switzerland, as its interim CEO.
Additionally, Saxo Switzerland has rolled out move changes to its regime, tapping Raj Mehra as its newest COO with immediate effect. Mr. Mehra is also a Saxo mainstay, serving presently as its Global Head of Processing & Business Process Offshoring in Saxo Bank A/S.
Finally, Saxo Switzerland will lean on Neil Browning, who has also moved into the role of Head of Commercial in Switzerland – Mr. Browning has been a mainstay at Saxo since 2002. Collectively, Saxo Switzerland’s CFO Michael Voellm, along with the new appointments of Mr. Hunger, Mehra, and Browning, will help steer the group moving forward.
Steen Blaafalk
According to Steen Blaafalk, Chairman of the Board of Directors at Saxo Switzerland, in a recent statement on the duality of moves: “We want to thank Antonio Ferrante for his time at Saxo Switzerland and wish him the very best for the future. Patrick Hunger has strong competencies within the financial sector as a whole and in depth knowledge about Saxo Bank’s unique business and role as a facilitator. Together with the new Leadership Team Patrick will ensure the continuation of the positive development in terms of product offering and profitability since Q2-2015 into this year.”
The Saxo appointments follow after an earlier move this month in which Thomas Jegu was promoted to the role of CEO to succeed the founder of the Saxo Banque France Pierre-Antoine Dusoulier, Saxo’s French unit.