Copenhagen based Retail FX and CFDs broker Saxo Bank has announced the appointment of Andrew Bresler as CEO of Saxo Capital Markets UK Ltd, the company’s London-based and FCA regulated unit, effective June 3rd. He takes over from interim CEO Simon Camilleri, the company’s COO, who stepped in to the role following the departure earlier this year of Saxo UK CEO Charles White-Thomson, as was exclusively reported at the time here at FNG.
The hiring marks a return of sorts for Andrew Bresler, who was a key member of Saxo’s APAC leadership team and Deputy Head of Sales Trading in Singapore from 2016 to 2018. The company said that his strategic focus on growing the bank’s client base in APAC during this time highlights his deep understanding of Saxo’s products, platforms, and services. Following his tenure at Saxo, Andrew served as Regional Head of Brokerage, Portfolio Finance & Digital Investments for Asia & EMEA at Citibank.
Most recently, Andrew served in a range of leadership roles at digital commerce platform provider InvestCloud, helping drive regional growth and overseeing daily operations from Singapore across APAC.
Stig Christensen, Saxo’s Chief Commercial Officer, commented on the appointment:
“We are delighted to welcome Andrew as the new CEO of Saxo Markets UK Ltd. He is not only a seasoned leader, but also a great team player with a deep understanding of our industry, products, platforms, and clients. The combined strengths of our leadership team, the employees in the UK and Andrew’s capabilities, gives me great confidence in the future success for our UK business, where we have ambitious growth plans.”
Speaking about his new role, Andrew Bresler said:
“It’s a huge honour to take on the role of CEO at Saxo Markets UK Ltd. As one of the largest markets for the financial services industry globally, the UK offers an enormous opportunity to grow the Saxo brand. Saxo UK is well positioned to capture this opportunity thanks to our broad – and expanding – product suite, and competitive pricing which was rolled out earlier this year.
“Coupled with the robust regulatory foundation which the team have built, I have full confidence that we can realise the business’ full potential together. I look forward to working with the passionate team in London and across the organisation. It very much feels like coming home, and I’m excited for the journey ahead of us.”
About Saxo Capital Markets UK Ltd
Saxo UK is a licensed subsidiary of Saxo, a leading Fintech specialist that connects people to investment opportunities in global capital markets. Saxo UK has operated in London since 2006 and is a provider of multi-asset trading and investment, Saxo’s vision is to enable people to fulfil their financial aspirations and make an impact.
Founded in Copenhagen in 1992, Saxo was one of the first financial institutions to develop online trading platforms that offer everyday investors the same tools and market access as professional traders, large institutions, and fund managers. As the most innovative and best choice for clients, Saxo offers broad access to global capital markets across asset classes, where they can trade more than 40,000 instruments in over 20 languages from one single margin account. The Saxo Group also powers more than 120 financial institutions as partners by boosting the investment experience they can offer their clients via its open banking technology. Whether it’s through their investments or the outcome of their investments, Saxo gives clients and partners the tools, platforms and knowledge to make an impact.
The Saxo Group holds four banking licenses and is well regulated globally. With client assets totalling more than 100 billion USD, Saxo is a global company with local presence, employing more than 2,100 people in financial centres across the world, including London, Singapore, Amsterdam, Zurich, Dubai, Shanghai, Hong Kong and Tokyo.
