Saxo bolsters its Board of Directors with the appointment of Xia Li from Geely and BNP Paribas’s JV
HONG KONG, 30 June 2022 – Saxo Capital Markets HK Limited (“Saxo Markets”)’s parent company, Saxo Bank, strengthens its Board of Directors with the appointment of Xia Li, President and CEO of Genius Auto Finance Company (“Genius AFC”), a joint venture found by Geely Automobile Holdings Limited and BNP Paribas Personal Finance in 2015.
At an extraordinary general meeting in May, the shareholders of Saxo Bank elected Xia Li as a new member of the Board of Directors. Li will further join Saxo Bank’s Audit Committee and Remuneration Committee.
Li started her career in Unilever Shanghai in the 90s and joined Volvo Car China in 2012 as VP of Financial Services, responsible for establishing a branded finance and insurance program for Volvo China. Starting from 2014, she held a concurrent post as Auto Finance Director in Geely Holding Group, in charge of the nationwide automobile finance business. In 2015, Li Xia was appointed as President & CEO of Genius AFC, a company that provides car loans, car dealer floor plans, and other services in China.
Kim Fournais, CEO & Founder of Saxo Bank, said: “We are delighted to welcome Xia Li to Saxo Bank’s Board of Directors. with Xia’s deep knowledge of the market and impressive track record, we are well-positioned to execute our strategy, leverage on the synergy, and further scale and grow our business. It also marks another female director joining our Board, which helped with the company’s diversification.”
Upon the appointment to Saxo Bank’s Board of Directors, Li commented: “Saxo Bank offers one of the best platforms and is in a unique position in the industry to serve our clients’ needs within trading and investing. It has been a great pleasure to see the growth and strategy execution by the Saxo team over the years, and I am confident that we can continue that trajectory.”
Head of PR, Hong Kong & Shanghai
Saxo Markets
+852 3760 1386
+852 6128 1465
dorz@saxomarkets.com
Saxo Markets is a licensed subsidiary of Saxo Bank, a leading Fintech specialist that connects people to investment opportunities in global capital markets. In Hong Kong, Saxo Markets has operated since 2011 and has been serving as a gateway for Saxo in the region. As a provider of multi-asset trading and investment, Saxo Bank’s vision is to enable people to fulfil their financial aspirations and make an impact. Saxo’s user-friendly and personalised platform experience gives investors exactly what they need, when they need it, no matter if they want to actively trade global markets or invest into their future.
Founded in 1992, Saxo Bank was one of the first financial institutions to develop an online trading platform that provided private investors with the same tools and market access as professional traders, large institutions, and fund managers. Saxo combines an agile fintech mindset with close to 30 years of experience and track record in global capital markets to deliver a state-of-the-art experience to clients. The Saxo Bank Group holds four banking licenses and is well regulated globally. Saxo offers clients around the world broad access to global capital markets across asset classes, where they can trade more than 71,000 instruments in over 33 languages from one single margin account. The Saxo Bank Group also powers more than 150 financial institutions as partners by boosting the investment experience they can offer their clients via its open banking technology.
Headquartered in Copenhagen, Saxo Bank’s client assets total more than 115 billion USD and the company has more than 2,300 financial and technology professionals in financial centres around the world including London, Singapore, Amsterdam, Shanghai, Hong Kong, Paris, Zurich, Dubai and Tokyo.