Saxo Bank has appointed Casper Andreas Solbakken as the Global Head of Commercial Offering and Experience. Solbakken has worked with the online trading and investment firm for more than 18 years in various capacities. Since July last year, he was the Global Head of Products, Pricing, and Platforms.

18 Years at Saxo Bank

Previously, Solbakken held other roles at Saxo, such as Global Head of Products and Services, Head of Equities, Product Specialist Equities, and Quantitative Trader. He joined the Danish bank in 2006 as a Student Assistant for Equities Equities Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Read this Term and Derivatives.

Solbakken mentioned on LinkedIn: "I'm thrilled to share that I have taken on the role of Global Head of Commercial Offering and Experience at Saxo Bank! In this new role, I will oversee products, pricing, and platforms, ensuring that every investor and trader using Saxo's platforms enjoys a best-in-class trading/investing experience."

Recently, Saxo Bank restructured its operations by merging Global Sales and Saxo Experience Officer (SXO) units into a new entity called Group Commercial. This action reportedly aims to streamline operations, improve cross-collaboration, and offer a more cohesive and efficient service to clients. The newly formed Group Commercial will be led by Stig Christensen, who took over the role of Chief Commercial Officer.

Restructuring Operations

The merger of Global Sales and SXO into Group Commercial promises to simplify operations and enhance client-centric services. The bank’s Founder and CEO, Kim Fournais, expressed his gratitude to Camilla Dahl Hansen, the outgoing Chief Saxo Experience Officer, for her invaluable contributions.

In addition to internal restructuring, Saxo Bank has experienced notable changes in its ownership structure. The Nordic insurance group Sampo recently sold its 19.8 percent stake to Finnish asset manager Mandatum for €302 million. This transaction, completed after securing regulatory approvals, is part of a broader demerger between Sampo and Mandatum.

Chinese carmaker Geely currently holds a dominant 50 percent stake in Saxo Bank, while Kim Fournais retains a 28 percent stake. This follows Saxo Bank’s strategic sale of its stake in Saxo Fintech Fintech Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Read this Term to Geely Holding Group last year.