Saxo UK Onboards Simon Camilleri as New COO

Saxo UK Limited, the British subsidiary of Denmark-headquartered Saxo Bank, announced the appointment of Simon Camilleri as the company’s Chief Operating Officer. Based in London, he will report directly to Saxo UK’s CEO, Charles White-Thomson.

Officially announced on Friday, the appointment came when Saxo UK is expanding its offerings. Additionally, the subsidiary onboarded Joanna Moberly as the Head of Legal and Company Secretary earlier this year. Other critical appointments of Saxo UK include the addition of Nicholas Wilcock and Michael Ridley to the Board as Non-Executive Directors. Last year, Saxo UK hired Simon O’Malley as the Chief Financial Officer.

Camilleri is an industry veteran with significant front-office experience across multiple global markets trading desks. In addition, he has a strong analytical background and a proven track record of “delivering business strategies, generating revenue streams and driving efficiencies.”

“His depth and breadth of expertise across the trading and technology sectors will undoubtedly help Saxo as we continue on our ambitious growth strategy,” said Saxo UK’s CEO, Charles White-Thomson. “We are determined and focused on providing our clients with the very best opportunities for differentiation through technology, solid operational foundations and risk management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term.”

Strong Industry Experience

Camilleri joined Saxo UK from Bank of America Securities, where he worked for more than 17 years. He parted from the company as the COO and Director of EMEA Rates and Global Non-Linear Rates Trading.

He started his career at Mellon Trust as a Global Securities Specialist. He later joined State Street Bank and Trust as a Senior Client Liaison Manager for Global Investment Manager Services.

Commenting on his appointment at Saxo UK, Camilleri said: “Saxo has grown its presence significantly in the UK, providing retail clients with the highest quality products and institutional-like experience all underpinned by operational resilience and the highest regulatory standards.”

“I am very excited to build further on the firm’s well-known reputation in the UK as a leader in both investment and trading in a highly competitive environment.”

Meanwhile, the Saxo group had some reshuffles in its top management. Its Group CFO, Mette Pedersen, recently left the firm, putting interim charges on Mads Dorf Petersen. Additionally, the group is eying to go public on an Amsterdam stock exchange Stock Exchange A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin Read this Term with a possible deal with a blank-check company.