Breaking: Saxo Bank Switzerland Appoints Antonio Ferrante as CEO
- Mr Ferrante will head the company after serving in various executive roles at Credit Swiss on the 5th of January 2015, replacing current interim CEO Tobias Straessle after a recent executive reshuffling.
The Swiss arm of one of the leading European brokers offering foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv and CFD trading has announced that Antonio Ferrante will join the company as the new CEO of Saxo Bank (Schweiz) AG. He will be reporting directly to the Board of Saxo Bank (Schweiz) AG.
The appointment of Antonio Ferrante comes after a recent executive reshuffling at the helm of Saxo Bank (Schweiz) AG.
The company’s senior executive team parted ways with the firm, after former CEO Søren Mose headed Saxo Bank (Schweiz) for seven years. Chief Operating Officer (COO) Ian Keates and Saxo Bank Switzerland’s Chief Financial Officer (CFO), Martin Beinhoff, also left their positions vacant after jointly disagreeing with a strategic decision which Saxo Bank implemented.
The bank has decided to move the servicing of institutional clients already contracted outside of Switzerland to London or Copenhagen.
The newly appointed Chairman of the Board of Saxo Bank (Schweiz) AG, Dennis Malamatinas, shared in the company announcement, “We are delighted to announce the appointment of Antonio Ferrante for this key position. Antonio brings more than 25 years of experience relevant to all aspects of our Swiss business such as trading, asset management and private banking.”
“We would like to take this opportunity to thank Søren Mose, the previous CEO and his management team of Ian Keates and Martin Beinhoff for their contribution to the growth of a healthy business in Switzerland and we wish them all the best in their future endeavours,” he concluded.
The newly appointed CEO Antonio Ferrante stated, “By leveraging Saxo’s technology and Multi-Asset Multi-Asset Composed of varying asset classes, multi-asset is a blanket designation combining different classes such bonds, equities, cash equivalents, fixed income, and alternative investments.When compared to traditional balanced funds, multi-asset solutions differ because they target specific investment outcomes. This includes outcomes such as return above inflation as opposed to gauging performance against standardized benchmarks.Given the composition of multi-asset classes, they need to be dynamically Composed of varying asset classes, multi-asset is a blanket designation combining different classes such bonds, equities, cash equivalents, fixed income, and alternative investments.When compared to traditional balanced funds, multi-asset solutions differ because they target specific investment outcomes. This includes outcomes such as return above inflation as opposed to gauging performance against standardized benchmarks.Given the composition of multi-asset classes, they need to be dynamically class trading capabilities, we can empower both our institutional and private clients to seize investment opportunities and engage with the markets in the innovative environment that Saxo offers.”
Tobias Straessle will remain acting interim CEO until January 5, 2015, when Antonio Ferrante takes over the position.
The Swiss arm of one of the leading European brokers offering foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv and CFD trading has announced that Antonio Ferrante will join the company as the new CEO of Saxo Bank (Schweiz) AG. He will be reporting directly to the Board of Saxo Bank (Schweiz) AG.
The appointment of Antonio Ferrante comes after a recent executive reshuffling at the helm of Saxo Bank (Schweiz) AG.
The company’s senior executive team parted ways with the firm, after former CEO Søren Mose headed Saxo Bank (Schweiz) for seven years. Chief Operating Officer (COO) Ian Keates and Saxo Bank Switzerland’s Chief Financial Officer (CFO), Martin Beinhoff, also left their positions vacant after jointly disagreeing with a strategic decision which Saxo Bank implemented.
The bank has decided to move the servicing of institutional clients already contracted outside of Switzerland to London or Copenhagen.
The newly appointed Chairman of the Board of Saxo Bank (Schweiz) AG, Dennis Malamatinas, shared in the company announcement, “We are delighted to announce the appointment of Antonio Ferrante for this key position. Antonio brings more than 25 years of experience relevant to all aspects of our Swiss business such as trading, asset management and private banking.”
“We would like to take this opportunity to thank Søren Mose, the previous CEO and his management team of Ian Keates and Martin Beinhoff for their contribution to the growth of a healthy business in Switzerland and we wish them all the best in their future endeavours,” he concluded.
The newly appointed CEO Antonio Ferrante stated, “By leveraging Saxo’s technology and Multi-Asset Multi-Asset Composed of varying asset classes, multi-asset is a blanket designation combining different classes such bonds, equities, cash equivalents, fixed income, and alternative investments.When compared to traditional balanced funds, multi-asset solutions differ because they target specific investment outcomes. This includes outcomes such as return above inflation as opposed to gauging performance against standardized benchmarks.Given the composition of multi-asset classes, they need to be dynamically Composed of varying asset classes, multi-asset is a blanket designation combining different classes such bonds, equities, cash equivalents, fixed income, and alternative investments.When compared to traditional balanced funds, multi-asset solutions differ because they target specific investment outcomes. This includes outcomes such as return above inflation as opposed to gauging performance against standardized benchmarks.Given the composition of multi-asset classes, they need to be dynamically class trading capabilities, we can empower both our institutional and private clients to seize investment opportunities and engage with the markets in the innovative environment that Saxo offers.”
Tobias Straessle will remain acting interim CEO until January 5, 2015, when Antonio Ferrante takes over the position.