Saxo Bank has appointed Casper Andreas Solbakken as Global Head of Commercial Offerings and Experiences. Solbakken has worked with the online trading and investing company for over 18 years in various positions. Since July last year, he has been Global Head of Products, Pricing and Platforms.
18 years at Saxo Bank
Previously, Solbakken held other positions at Saxo Bank, such as Global Head of Products and Services, Head of Equities, Product Specialist Equities, and Quantitative Trader. He joined the Danish Bank in 2006 as a Student Assistant for Equities and Derivatives.
“I am thrilled to announce that I have taken on the role of Global Head of Trading Offerings and Experience at Saxo Bank! In this new role, I will oversee products, pricing and platforms, ensuring every investor and trader using Saxo Bank’s platforms enjoys the best trading/investing experience,” Solbakken said on LinkedIn. In its class.”
Saxo Bank recently restructured its operations by merging its Global Sales and Saxo Experience Officer (SXO) units into a new entity called the Commercial Group. The measure is said to be aimed at streamlining operations, improving mutual cooperation and providing a more cohesive and efficient service to customers. The newly formed commercial group will be led by Stig Christensen, who has taken on the role of Chief Commercial Officer.
Restructuring operations
The integration of Global Sales and SXO into the commercial group promises to streamline operations and enhance customer-focused services. Kim Furness, Founder and CEO of the bank, expressed his gratitude to Camilla Dahl Hansen, former Chief Experience Officer at Saxo Bank, for her valuable contributions.
In addition to internal restructuring, Saxo Bank has seen notable changes in its ownership structure. Scandinavian insurance group Sambo recently sold its 19.8 percent stake to Finnish asset management company Mandatum for €302 million. This transaction, completed following regulatory approvals, is part of a broader merger between Sampo and Mandatum.
Chinese carmaker Geely currently holds a controlling 50 percent stake in Saxo Bank, while Kim Furness maintains a 28 percent stake. This follows Saxo Bank's strategic sale of its stake in Saxo Fintech to Geely Holding Group last year.
This article was written by Jared Kirroy at www.financemagnates.com.