Press Release

Changes to Saxo Bank’s Board of Directors

At the annual general meeting of the Saxo Bank Group, the shareholders have elected Kari Stadigh, former Group CEO and President of Sampo plc., as new Chairman of the Board. Kari Stadigh will replace Daniel Donghui Li, CEO of Zhejiang Geely Holding Group, who will continue as a regular member of the Board. Yifan Zhang, Financial Sector GM and Management Committee Member of Geely Holding Group, has been elected as a member of the Board and will replace Ian Zhang, CFO of Polestar, who has served as a member of the Board since 2018. 

Following the annual general meeting today the Board of Directors consists of:

  • Kari Stadigh, Chairman
  • Henrik Normann, Vice Chairman
  • Daniel Donghui Li, Board Member
  • Yifan Zhang, Board Member 
  • Patrick Lapveteläinen, Board Member
  • Preben Damgaard, Board Member

Kim Fournais, CEO and founder, commented:

“We would like to thank Daniel Donghui Li for his important contribution to the Saxo Bank Group over the last two years and we highly appreciate that he will continue as a member of the Board. Under Daniel’s chairmanship, we have made great progress in terms of expanding Saxo’s relevance to more clients and partners - especially in China with the establishment of our joint venture, Saxo Fintech, which truly strengthens our presence and opportunities in China with the support of our partner, Geely. On the same note, we thank Ian Zhang for his dedication and contribution to the Saxo Bank Group during his tenure on the Board – and we are delighted to welcome Yifan Zhang as new member of the Board.

We are very proud that Kari Stadigh, one of the most renowned and respected leaders in the financial industry, will join the Group as our new Chairman. With his deep knowledge of the market and exceptional track record, we are well-positioned to execute on our strategy and further scale and grow our business.” 

Kari Stadigh commented:

”Saxo Bank has a unique business model and very strong shareholders, and with their full support, I am looking forward to becoming part of this growth journey. Saxo Bank’s powerful trading and investment platforms are the best in the market and have great potential globally – especially as more people across the world look for intuitive platforms to manage their investments.”

Bio for Kari Stadigh

Group CEO and President of Sampo plc. 2009–2019. Deputy CEO of Sampo plc 2001–2009. 

Chair of the Board of Directors of Mandatum Life Insurance Company Limited 2001–2019. Chair of the Board of Directors of If P&C Insurance Holding Ltd 2002–2019. Member of the Board of Directors of Nordea Bank AB (publ) 2010–2018. Chair of the Board Risk Committee (BRIC) of Nordea Bank AB (publ) 2011–2018.

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Saxo Bank is a leading Fintech specialist that connects people to investment opportunities in global capital markets. 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 26 languages from one single margin account. The Saxo Bank Group also powers more than 200 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 100 bn USD and the company has more than 2,500 financial and technology professionals in financial centers around the world including London, Singapore, Amsterdam, Shanghai, Hong Kong, Paris, Zurich, Dubai and Tokyo. For more information, please visit:

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

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