Steen Blaafalk New Global Head of Finance and Risk Operations

Hellerup, Denmark (ots/PRNewswire) -

Saxo Bank is consolidating the organisation and strengthening its
business by making Steen Blaafalk the new Global Head of Finance and
Risk Operations and a member of the Board of Management.

Steen Blaafalk joins Saxo Bank with significant senior experience
from the financial sector, most recently acting as Head of Group
Treasury and a member of the executive committee at Danske Bank. In
his 30-year career in Danske Bank, Steen has also served as Head of
Danske Markets with an impressive track record of creating profitable
results. Additionally, he has a strong background in trading and
trading platforms as well as in national and EU regulation.

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

"Saxo Bank is an expanding organization, and through the
recruitment of Steen Blaafalk we significantly strengthen the
organization for the opportunities and challenges ahead. Steen
Blaafalk brings unique expertise in financial operations and
extensive experience from the financial sector. This recruitment
should be seen as a part of reinforcing the focus on our core
business."

As Saxo Bank's new Global Head of Finance and Risk Operations,
Steen Blaafalk will be responsible for all legal and compliance,
finance, risk management and business intelligence within the bank.
Steen Blaafalk will also be listed as a member of the Board
Management, alongside Kim Fournais and Lars Seier Christensen.

"I very much look forward to being a part of the management of
Saxo Bank, an organization that has established itself as a serious
player in the banking industry over the last 20 years. With my
experience and knowledge from the financial sector, I hope to
strengthen Saxo Bank's global position as the provider of a world
class platform," Steen Blaafalk said.

Steen Blaafalk will officially join Saxo Bank on 22 April.

About Saxo Bank

Saxo Bank is a leading online trading [http://www.saxobank.com/fo
rex?csref=b1744_Link_boilerplate_pressrelease ] and investment
specialist, offering private investors and institutional clients a
complete set of tools for their trading and investment strategies. A
fully licensed and regulated European bank, Saxo Bank enables clients
to trade FX, CFDs [http://www.saxobank.com/cfds?csref=b1745_Link_boi
lerplate_pressrelease ], ETFs, Stocks, Futures, Options and other
derivatives via three specialised and fully integrated multi-asset
trading platforms [http://www.saxobank.com/demo-account?csref=b1746_
Link_boilerplate_pressrelease ]; the browser-based SaxoWebTrader, the
downloadable SaxoTrader and the SaxoTrader app. The platforms are
available in over 20 languages and are white-labelled by more than
100 major financial institutions worldwide. Saxo Bank also offers
professional portfolio and fund management as well as traditional
banking services through Saxo Privatbank. Founded in 1992, the Saxo
Bank Group is headquartered in Copenhagen with 23 local offices
throughout Europe, Asia, Middle East, Latin America, Africa and
Australia.

ots Originaltext: Saxo Bank (Switzerland) SA
Im Internet recherchierbar: http://www.presseportal.de

Contact:
Media enquiries: Kasper Elbjørn, Head of Group Public Relations,
Saxo Bank, +45-3065-4300, press@saxobank.com