Press Release

Steen Jakobsen, Chief Economist and Chief Investing Officer, leaves Saxo Bank

Saxo Bank, a global leader in multi-asset trading and investment, announces today that Chief Economist and Chief Investment Officer, Steen Jakobsen will be stepping down from his role after more than 20 years of service. During his tenure, Steen Jakobsen has held numerous roles in sales trading, markets, and has been instrumental in establishing Saxo Bank's reputation for insightful financial research and thought-provoking analysis, notably through building the esteemed team of market strategists known as Saxo Strats.

Under Steen Jakobsen's guidance, Saxo Strats has become synonymous with influential market analysis and thought leadership, significantly enhancing Saxo Bank's value proposition to clients worldwide. His approach to economic research and analysis has consistently provided clients and the broader financial community with actionable insights, deepening the understanding of complex market dynamics. 

Peter Garnry, Head of Equity Strategy, was appointed as Head of Saxo Strats in the previous year, ensuring continuity in leadership and the team’s commitment to excellence in actionable market research.

Kim Fournais, CEO & Founder of Saxo, commented: 
"Steen has been fundamental in making Saxo Bank a trusted source for investors and traders, blending macroeconomic research with actionable trading insights. He is the architect behind the popular 'Outrageous Predictions,’ which is second to none when it comes to stimulating critical thinking and challenging consensus. I want to express my deep gratitude for Steen’s contributions over more than two decades. He has been a big part of the journey that has seen Saxo grow from a smaller broker to a global leader within our industry with more than 1.2 million clients and DKK 750 billion in client assets.”


Steen Jakobsen commented:
“It’s been a pleasure working with so many extraordinary people over the years, not least my colleagues in Saxo Strats. Our goal has always been to challenge conventional thinking and provide a deeper understanding of the markets. I am proud of what we have achieved together and confident that Saxo and the Strats team will continue to do their part to help investors make sense of a complex world and markets that can be difficult to make sense of."

Lasse Lilholt

Global Head of Communications & PR

+45 3977 63 44

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: 

Saxo Bank A/S (Headquarters)
Philip Heymans Alle 15

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