Saxo Bank On-Boards Ashok Kalyanswamy as its Chief Information Officer

Danish Multi-Asset broker, Saxo Bank, has on-boarded Ashok Kalyanswamy as its latest hire, appointing him as its newest Chief Information Officer (CIO) and member of the group’s Executive Team, per a Saxo Bank statement.

Don't Miss Your Last Chance to Sign Up for the FM London Summit. Register here!

The hire of Mr. Kalyanswamy follows on the heels of Ashley Latham, who decided earlier his role as CIO earlier this year. In his new role as the CIO at Saxo Bank, Mr. Kalyanswamy will be tasked with overseeing the mantle of responsibility for Saxo’s strategic direction and operations.

In addition, his mandate will cover Saxo Bank’s global IT organization – he will step into the new role only in January 2017, where he will be based out of the broker’s Copenhagen office. Mr. Kalyanswamy joins Saxo Bank with over two decades of financial experience at leading venues. This includes senior technology roles at Macquarie Securities Group, Lehman Brothers, and Nomura, among others.

According to Saxo Bank’s Chief Executive Office (CEO) and co-Founder Kim Fournais, in a recent statement on the hire, “We are thrilled to be welcoming Ashok, who brings with him a wealth of experience in developing innovative information technology solutions for leading global financial institutions, and have him further strengthen the excellent foundation passed on from Ashley Latham.”

Technology has never been more important for the financial industry and it is absolutely key to our role as a financial markets facilitator. With Ashok’s extensive experience in this area and his renowned skills as a manager, I am sure that he will be a real asset for our IT-organization, the firm as a whole, and thereby further strengthen our deliveries that enable our clients to access global capital markets.”

“With a long history as a Fintech innovator, Saxo Bank is uniquely positioned to benefit from these industry trends and I look forward to help drive the further development of Saxo Bank’s renowned technology,” reiterated Mr. Kalyanswamy in an accompanying statement.