Press Release
Saxo appoints new Regional Head of Institutional Business
Singapore, 9 JULY – Saxo, a digital broker for investors, traders and institutional partners, today announced the appointment of Gift Muthita Anankaphannan as Regional Head of Institutional Business. Based in Singapore, Anankaphannan will be responsible for leading the firm’s institutional business across the Asia-Pacific region, working closely with clients and partners to support their needs.
Previously a Senior Relationship Manager at Saxo, Anankaphannan brings more than 16 years of experience across big tech and institutional financial services, spanning sales, product, and strategy. She spent over a decade at Google, where she held senior roles across sales, product strategy, and go-to-market execution, including work on AI-powered solutions. She began her financial career at Bloomberg, specialising in equities and equity derivatives and supporting traders, analysts, and portfolio managers with data-driven insights.
Saxo’s institutional business remains a core pillar of the Group, contributing close to one-third of total income globally. The business continues to demonstrate steady momentum, with the number of global institutional end-clients increasing by 23% year-on-year. Earlier this year, Saxo partnered with Trust Bank in Singapore to launch TrustInvest—an in-app investment solution that enable users to trade US stocks and ETFs from as little as US$10 directly within the Trust Bank app.
In her new role, Anankaphannan will help drive the next phase of growth for Saxo’s institutional business across Asia-Pacific.
Commenting on the appointment, Mahesh Sethuraman, CEO Singapore, Saxo, said: “Gift brings extensive experience working with institutional partners and a deep understanding across both halves of Saxo’s FinTech DNA. Throughout her career, she has demonstrated a strong ability to build lasting and valuable client relationships, while leading high-performing teams. We are pleased to welcome Gift to this role and look forward to her contributions.”
Commenting on her appointment, Gift Muthita Anankaphannan, Regional Head of Institutional Business, Saxo said, “I am honoured to take on this new role. Saxo has built lasting partnerships with strong reputation in the market, and as we see sustained growth and deeper engagement from our clients and partners across the region, I look forward to building on this momentum in the next transformative phase. Asia-Pacific remains a key growth market for Saxo, and we are committed to further scaling our institutional offering here.”
Previously a Senior Relationship Manager at Saxo, Anankaphannan brings more than 16 years of experience across big tech and institutional financial services, spanning sales, product, and strategy. She spent over a decade at Google, where she held senior roles across sales, product strategy, and go-to-market execution, including work on AI-powered solutions. She began her financial career at Bloomberg, specialising in equities and equity derivatives and supporting traders, analysts, and portfolio managers with data-driven insights.
Saxo’s institutional business remains a core pillar of the Group, contributing close to one-third of total income globally. The business continues to demonstrate steady momentum, with the number of global institutional end-clients increasing by 23% year-on-year. Earlier this year, Saxo partnered with Trust Bank in Singapore to launch TrustInvest—an in-app investment solution that enable users to trade US stocks and ETFs from as little as US$10 directly within the Trust Bank app.
In her new role, Anankaphannan will help drive the next phase of growth for Saxo’s institutional business across Asia-Pacific.
Commenting on the appointment, Mahesh Sethuraman, CEO Singapore, Saxo, said: “Gift brings extensive experience working with institutional partners and a deep understanding across both halves of Saxo’s FinTech DNA. Throughout her career, she has demonstrated a strong ability to build lasting and valuable client relationships, while leading high-performing teams. We are pleased to welcome Gift to this role and look forward to her contributions.”
Commenting on her appointment, Gift Muthita Anankaphannan, Regional Head of Institutional Business, Saxo said, “I am honoured to take on this new role. Saxo has built lasting partnerships with strong reputation in the market, and as we see sustained growth and deeper engagement from our clients and partners across the region, I look forward to building on this momentum in the next transformative phase. Asia-Pacific remains a key growth market for Saxo, and we are committed to further scaling our institutional offering here.”
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 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 FinTech for investors, traders, and Institutional (BaaS) partners who are serious about making more of their money. As a well-capitalised and profitable FinTech, Saxo is a fully licensed Danish bank under the supervision of the Danish FSA and designated as a Systemically Important Financial Institution (SIFI) in Denmark. Saxo further holds a banking licence in Switzerland and financial licences in multiple jurisdictions, including Singapore where it holds a capital markets services licence under the Monetary Authority of Singapore (MAS). As one of the early fintechs in the world, Saxo continues to invest heavily into technology to ensure that Saxo’s clients and partners enjoy unparalleled client experience, broad access to global capital markets across asset classes on our industry-leading platforms. Saxo’s open banking technology (BaaS) powers more than 150 financial institutional partners, boosting the investment experience and the tools offered to end clients (B2B2C). Headquartered in Copenhagen and serving more than 1.7 million clients and over 400 partners in total, Saxo has recently reached new highs with client assets of more than DKK one trillion and more than DKK 5 billion in revenue. Saxo employs more than 2,400 professionals in financial centers around the world including London, Singapore, Amsterdam, Zurich, Dubai, and Tokyo.
For more information, please visit: https://www.home.saxo/en-sg
Today, Saxo is an international award-winning FinTech for investors, traders, and Institutional (BaaS) partners who are serious about making more of their money. As a well-capitalised and profitable FinTech, Saxo is a fully licensed Danish bank under the supervision of the Danish FSA and designated as a Systemically Important Financial Institution (SIFI) in Denmark. Saxo further holds a banking licence in Switzerland and financial licences in multiple jurisdictions, including Singapore where it holds a capital markets services licence under the Monetary Authority of Singapore (MAS). As one of the early fintechs in the world, Saxo continues to invest heavily into technology to ensure that Saxo’s clients and partners enjoy unparalleled client experience, broad access to global capital markets across asset classes on our industry-leading platforms. Saxo’s open banking technology (BaaS) powers more than 150 financial institutional partners, boosting the investment experience and the tools offered to end clients (B2B2C). Headquartered in Copenhagen and serving more than 1.7 million clients and over 400 partners in total, Saxo has recently reached new highs with client assets of more than DKK one trillion and more than DKK 5 billion in revenue. Saxo employs more than 2,400 professionals in financial centers around the world including London, Singapore, Amsterdam, Zurich, Dubai, and Tokyo.
For more information, please visit: https://www.home.saxo/en-sg
Nea Tateanna Noordin
PR & Communication Manager, Singapore
Mobile: +65 9248 7724
Email: NEANL@saxomarkets.com
PR & Communication Manager, Singapore
Mobile: +65 9248 7724
Email: NEANL@saxomarkets.com