NEWS
Saxo Bank, a leading online trading and investment firm based in Copenhagen, has announced a major restructuring initiative. The firm is merging its Global Sales and Saxo Experience Office (SXO) divisions to form a unified entity called Group Commercial. This strategic move is aimed at fostering collaboration, streamlining operations, and enhancing client-centric initiatives.
Taking the helm of Group Commercial is Stig Christensen, who has been appointed as the Chief Commercial Officer. Christensen brings a wealth of experience to the role, having previously served as the Chief Sales Officer at Saxo Bank. Concurrently, Camilla Dahl Hansen, the Chief Saxo Experience Officer, has decided to step down from her position after three years with the company.
Kim Fournais, the Founder and CEO of Saxo Bank, expressed gratitude for Hansen’s contributions and wished her well in her future endeavors. Fournais also expressed confidence in Christensen’s leadership, stating, “I am confident that under Stig Christensen’s leadership, Group Commercial will drive our client experience to new heights.”
In his new role, Christensen emphasized Saxo Bank’s commitment to its clients and partners, highlighting the importance of enhancing the digital client experience and delivering greater value. He stated, “By simplifying our structure and empowering decision-making, we are poised to deliver even greater value to our clients.”
The restructuring reflects Saxo Bank’s strategic focus on growth and innovation, positioning the firm to better serve its expanding client base and drive business growth in the future.
Last month, FX Newsroom reported that Denmark’s Saxo Bank was considering a potential sale, 18 months after discussions for a merger with a blank-check company fell through.
