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 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 to Geely Holding Group last year.
