Saxo Bank appoints Damian Hitchen as CEO of the MENA region
Saxo Bank, the online trading and investment specialist that connects people to investment opportunities in global capital markets, today announces the appointment of Damian Hitchen as new CEO of the MENA region. He will report directly to Chief Sales Officer Stig Christensen.
Based in Saxo Bank’s regional office in Dubai, Damian will lead the bank’s efforts to further accelerate the growth in both new clients and assets within the core segments of traders, investors and wholesale partners.
Damian brings over two decades of experience working in the financial industry. He joins Saxo from Swissquote, where he served as CEO for Swissquote Singapore for the past two years to set up their APAC business. Prior to that he worked 6,5 years as the CEO for Swissquote in Dubai.
Kim Fournais, CEO & founder, commented:
“The MENA region is of great strategic importance for the Group, and we are proud to attract a profile and capacity like Damian to spearhead our growing business in the region. We have welcomed many new clients over the past years, and I am very confident that Damian will further accelerate our growth journey as more and more clients trust us with their assets. He brings extensive regional knowledge and a strong track record within trading, investing, and asset management.”
Damian Hitchen, CEO Saxo Bank MENA region, commented:
“I am very excited to join Saxo Bank andfurther grow our regional presence. I have followed Saxo Bank for many years and know them as a firm that from the outset has focused on leveraging technology to disrupt the industry and bring better platforms, products, and services to investors.”
Saxo Bank connects people to investment opportunities in global capital markets. As a provider of multi-asset trading and investment, Saxo Bank strives to empower people with a user-friendly, seamless and personalised platform experience that gives them 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 40,000 instruments in over 20 languages from one single margin account. The Saxo Bank Group also powers more than 120 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 45 billion Euros and the company has more than 2,000 financial and technology professionals in financial centers around the world including London, Singapore, Amsterdam, Shanghai, Hong Kong, Paris, Zurich, Dubai and Tokyo.