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Saxo Bank Appoints Casper Solbakken as Global Head of Business Products and Experiences

Solbakken spent more than 18 years at the Danish online trading and investment bank。Solbakken has served as Global Head of Products, Pricing and Platforms since July last year.

Saxo Bank Appoints Casper Solbakken as Global Head of Business Products and Experiences

Saxo Bank has appointed Casper Andreas Solbakken as global head of commercial products and experience.Solbakken has been with the online trading and investment firm for more than 18 years in a number of roles.He has been global head of product, pricing and platforms since July last year.

Saxo Bank 18 years

Previously, Solbakken held other roles at Saxo, such as global head of products and services, head of equities, equity product specialist and quantitative trader. He joined the Danish bank in 2006 as an equity and derivatives.

Solbakken mentioned on LinkedIn, "I am pleased to share that I have taken on the role of Global Head of Commercial Products and Experiences at Saxo Bank! In this new role, I will oversee products, pricing and platforms to ensure that every investor using the Saxo platform can enjoy a best-in-class trading/investing experience."Saxo Bank recently reorganized its operations by merging its Global Sales and Saxo Experience Officer (SXO) divisions into a new entity called Group Commercial.The move is reportedly aimed at streamlining operations, improving cross-collaboration, and providing a more cohesive and efficient service to clients. The new Group Commercial division will be led by Stig Christensen, who takes over as chief commercial officer.

Reorganization of businesses

The merger of Global Sales and SXO into Group Commercial is expected to streamline operations and enhance customer-focused services.Kim Fournais, the bank's founder and CEO, thanked Camilla Dahl Hansen, the outgoing Chief Saxo Experience Officer, for her valuable contributions.In addition to the internal reorganization, Saxo Bank's ownership structure has changed significantly.Nordic insurance group Sampo recently sold a 19.8% stake in the company to Finnish asset manager Mandatum for €302 million, a transaction that was completed following regulatory approval as part of a wider spin-off between Sampo and Mandatum.

Chinese automaker Geely now owns 50 percent of Sampo Bank, while Kim Fournais holds 28 percent. This follows the strategic sale of its stake in Sampo Bank Fintech joined Geely Holding Group last year.

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