Changes to Saxo Bank’s Board
At the extraordinary general meeting on 16 December 2015, the shareholders of Saxo Bank decided to change the composition of the Board of Directors.
Henrik Normann, the President and CEO of NIB, Nordic Investment Bank, and member of the Saxo Board as from April 2015, was elected Vice Chairman and Danny Oei was elected new Board Member. Danny Oei is a high ranking officer at Sinar Mas Group in Shanghai, China. Sinar Mas Group acquired a 9.9 per cent stake in Saxo Bank in July 2015. Sarah McPhee had decided to step down from the Board of Directors to pursue other opportunities within the financial sector and the changes are effective immediately.
“We would like to thank Sarah for her contribution to the Board over the past two years and are delighted to welcome Danny, who brings vast experience and knowledge of the Asian markets. The Board looks forward to implementing and executing on Saxo Bank’s strategic ambition to continue to grow and lead in the digital trading space,” said Lone Fønss Schrøder, Chairman of the Board.
After the general meeting, Saxo Bank’s board consists of:
- Lone Fønss Schrøder, Chairman
- Henrik Normann, Vice Chairman,
- Jacob Polny
- Thomas Plenborg
- Asiff Hirji
- Danny Oei
- Karl Peterson, Alternate
At Saxo we believe that when you invest, you unlock a new curiosity for the world around you. As a provider of multi-asset trading and investment solutions, Saxo’s purpose is to Get Curious People Invested in the World. We are committed to enabling our clients to make more of their money. Saxo was founded in Copenhagen, Denmark in 1992 with a clear vision: to make the global financial markets accessible for more people. In 1998, Saxo launched one of the first online trading platforms in Europe, providing professional-grade tools and easy access to global financial markets for anyone who wanted to invest.
Today, Saxo is an international award-winning investment firm for investors and traders who are serious about making more of their money. As a well-capitalised and profitable Fintech, Saxo is a fully licensed bank under the supervision of the Danish FSA, holding broker and banking licenses in multiple jurisdictions. As one of the earliest fintechs in the world, Saxo continues to invest heavily into our technology. Saxo’s clients and partners enjoy broad access to global capital markets across asset classes on our industry-leading platforms. Our open banking technology also powers more than 200 financial institutions as partners by boosting the investment experience they can offer their clients. Keeping our headquarters in Copenhagen, Saxo has more than 2,500 professionals in financial centres around the world including London, Singapore, Amsterdam, Hong Kong, Zurich, Dubai and Tokyo.
For more information, please visit: www.home.saxo