Saxo has announced the appointment of Andrew Bresler as the new CEO of Saxo UK, effective June 3. He succeeds Simon Camilleri, who served as interim CEO.

Bringing Knowledge of Financial Markets

Bresler brings extensive experience in the financial sector. He was a significant member of Saxo's APAC leadership team and held the position of Deputy Head of Sales Trading in Singapore from 2016 to 2018. During this period, he focused on expanding the bank’s client base in the APAC region, demonstrating a strong understanding of Saxo's products, platforms, and services.

Following his time at Saxo, Bresler took on the role of Regional Head of Brokerage, Portfolio Finance & Digital Investments for Asia & EMEA at Citibank. Most recently, he held various leadership roles at InvestCloud, where he contributed to regional growth and managed daily operations from Singapore across APAC.

Speaking about his new role, Bresler said: "It’s a huge honour to take on the role of CEO at Saxo Markets UK Ltd. As one of the largest markets for the financial services industry globally, the UK offers an enormous opportunity to grow the Saxo brand. Saxo UK is well positioned to capture this opportunity thanks to our broad – and expanding – product suite, and competitive pricing which was rolled out earlier this year.

Client Assets Reach DKK 800 Billion

Meanwhile, Saxo Bank has achieved record client assets of DKK 800 billion (approximately $116.1 billion), marking a significant milestone for the Danish broker with over 1.2 million global clients, as reported by Finance Magnates.

Established in 1992, it took 25 years to surpass DKK 150 billion in client deposits, but added DKK 650 billion in just six years, indicating a substantial surge in trading demand. Despite being a Danish company, Saxo emphasizes that this milestone reflects its global client base.