Saxo Capital Markets UK’s COO, David Ledsham, Parts Ways With Group

Saxo Bank has seen the retirement of one of its veteran executives, David Ledsham, who has parted ways from the group’s UK subsidiary Saxo Capital Markets UK, according to a recent regulatory filing.

Mr. Ledsham has been a mainstay at Saxo Capital Markets UK since 2008 when he joined the multi asset broker. During his tenure at Saxo, he worked as its Finance Director until late 2011, when he received a promotion to the role of Chief Operating Officer (CEO), a position he had held up until recently.

Per a recent regulatory filing, his Directorship has been relinquished with Saxo Capital Markets UK, snapping a four-year tenure with the Danish broker. Finance Magnates has learned that Mr. Ledsham will be retiring on September 30, 2015. His career has spanned over four decades.

Prior to Saxo Bank, Mr. Ledsham worked in a number of senior roles across several financial services firms dating back to 1981. This includes stints at IIIR plc, Cognotec, EBS, Price Waterhouse, and Oiltools International, among others.

This past August saw myriad changes at Saxo Bank, culminating in a multilateral flow of personnel moves across its global business. In early August Saxo Bank bolstered its Turkish unit after naming Savaş Divanlıoğlu as its Head of Saxo Capital Markets Turkey. Prior to this, the group also added Philip Wegloop as its Chief Experience Officer (CXO), a newly created role that helps the broker focus on user experience.