Saxo Bank named Casper Andreas Solbakken as the Global Head of Commercial Offering and Experience. Solbakken has been with the online trading and investment firm for over 18 years in different roles. He previously held the position of Global Head of Products, Pricing, and Platforms since July last year.
Casper spent 18 Years at Saxo Bank
Previously, Solbakken had various positions at Saxo, including Global Head of Products and Services, Head of Equities, Product Specialist Equities, and Quantitative Trader. He started at the Danish bank in 2006 as a Student Assistant focusing on Equities and Derivatives.
It is worth mentioning that in his LinkedIn post, Solbakken stated that he feels happy to work in Saxo Bank as the newly appointed Global Head of Commercial Offering and Experience. He will be responsible for managing products, prices, and platforms so that all investors and traders employing Saxo’s platforms have the best trading and investing atmosphere.
Saxo Recently Restructured its Operations
Saxo Bank recently reorganized its structure by merging the Global Sales and Saxo Experience Officer (SXO) units, creating a new entity named Group Commercial. This move is intended to enhance operational efficiency, foster cross-collaboration, and provide clients with more cohesive services. Stig Christensen will head the newly established Group Commercial as the Chief Commercial Officer.
Merger of Global Sales and SXO
The merging of Global Sales and SXO into Group Commercial aims to streamline operations and improve client services. Kim Fournais, the bank’s Founder and CEO, thanked Camilla Dahl Hansen, the outgoing Chief Saxo Experience Officer, for her significant contributions.
Following internal restructuring, Saxo Bank witnessed significant alterations in its ownership structure. The Nordic insurance group Sampo recently divested its 19.8 percent share to Finnish asset manager Mandatum for €302 million. This transaction, finalized after obtaining regulatory approvals, is a component of a wider demerger between Sampo and Mandatum.
Chinese automaker Geely presently owns a significant 50% share in Saxo Bank, with Kim Fournais holding a 28% stake. This comes after Saxo Bank sold its stake in Saxo Fintech to Geely Holding Group last year.