Press Release

New Group Chief Operating Officer

Saxo Bank, the online multi-asset trading and investment specialist, today announces the appointment of Søren Kyhl as Chief Operating Officer (COO) and member of the Management Board effective from January 1st 2016.

Søren Kyhl to join Saxo Bank as new Group Chief Operating Officer

Saxo Bank, the online multi-asset trading and investment specialist, today announces the appointment of Søren Kyhl as Chief Operating Officer (COO) and member of the Management Board effective from January 1st 2016. His appointment will further strengthen the organisation and streamline the bank’s digital and operational value chain.

In this newly created role, Søren Kyhl will assume responsibility for daily operations and execution including overseeing the bank’s digital experience, marketing, data science and Saxo Privatbank. He joins Saxo Bank with significant senior experience most recently as Head of Transaction Banking and COO in C&I (Corporates and Institutions) at Danske Bank. During his 13-year career at Danske Bank Kyhl also served as co-Head and Global Head of Sales of Danske Markets and Global Head of Research, Quant and Business Development. Søren Kyhl, PhD in economics from University of Copenhagen, brings to the role significant expertise and strong track record of performance, which together with his unique financial sector experience will further strengthen Saxo Bank’s focus on its core business.

In a joint statement, Co-founders and Co-CEOs Kim Fournais and Lars Seier Christensen said:

"The appointment of Søren Kyhl will significantly strengthen the organisation in terms of both digital and operational development and efficiency, which is the core focus of Saxo Bank’s business. With Søren Kyhl on board we have a strong team in place to support and deliver on our ambitions for continued growth. His unique expertise and experience will be invaluable as we continue the build out of our business in the digital age.”

Søren Kyhl will also be listed as a member of the Management Board, alongside co-CEOs and founders Kim Fournais and Lars Seier Christensen and Steen Blaafalk, Group Chief Financial & Risk Officer.

Please reach out to press@saxobank.com

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: www.home.saxo 

Saxo Bank A/S (Headquarters)
Philip Heymans Alle 15
2900
Hellerup
Denmark

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