Lone Fønss Schrøder retires from board of directors
Lone Fønss Schrøder has decided to retire from the board of directors of Saxo Bank A/S
Lone Fønss Schrøder says: “I now consider my mission in Saxo Bank to be completed and I feel a need to focus on other assignments. I hand over a bank with a healthy capitalization, a new strategy under implementation and new, strong owners who will hopefully soon be taking over. I am extremely happy about the mutual cooperation we have had”.
Vice chairman Henrik Normann will assume the position of chairman as from today.
CEO and founder of Saxo Bank Kim Fournais says: “I would like to thank Lone for her hard work and dedication as chairman, and I wish her the best of luck in the future.”
Saxo Bank Group (Saxo) is a leading Fintech specialist focused on multi-asset trading and investment and delivering ‘Banking-as-a-Service’ to wholesale clients.
For 25 years, Saxo’s mission has been to democratize investment and trading, enabling clients by facilitating their seamless access to global capital markets through technology and expertise.
As a fully licensed and regulated bank, Saxo enables its direct clients to trade multiple asset classes across global financial markets from one single margin account and across multiple devices. Additionally, Saxo provides wholesale institutional clients such as banks and brokers with multi-asset execution, prime brokerage services and trading technology, supporting the full value chain delivering Banking-as-a-Service (BaaS).
Saxo’s award winning trading platforms are available in more than 20 languages and form the technology backbone of more than 100 financial institutions worldwide.
Founded in 1992 and launching its first online trading platform in 1998, Saxo Bank was a Fintech even before the term was created. Headquartered in Copenhagen Saxo today employs more than 1500 people in financial centers around the world including London, Paris, Zurich, Dubai, Singapore, Shanghai, Hong Kong and Tokyo.