Copenhagen-based Retail FX and CFDs broker Saxo Bank has announced the appointment of Andrew Bresler as Managing Director of Saxo Capital Markets UK Ltd, the firm’s London-based and FCA-regulated unit, effective 3 June. He takes over from interim CEO Simon Camilleri, the company’s COO, who took over the role following the departure earlier this year of Saxo UK CEO Charles White-Thomson, as exclusively reported at the time here on FNG.
The hiring marks a return for Andrew Bresler, who was a key member of Saxo’s APAC leadership team and deputy head of sales in Singapore from 2016 to 2018. The company said his strategic focus on growing its client base bank in APAC during this time highlights his deep understanding of Saxo’s products, platforms and services. After his time at Saxo, Andrew served as Regional Head of Brokerage, Portfolio Finance & Digital Investments for Asia and EMEA at Citibank.
Most recently, Andrew served in a number of leadership roles at digital trading platform provider InvestCloud, helping drive regional growth and overseeing day-to-day operations from Singapore across APAC.
Stig Christensen, Chief Commercial Officer of Saxo, commented on the appointment:
“We are delighted to welcome Andrew as the new Managing Director of Saxo Markets UK Ltd. He is not only an experienced leader, but also an excellent team player with a deep understanding of our industry, products, platforms and customers. The combined strengths of our leadership team, UK employees and Andrew’s capabilities give me great confidence in the future success of our UK business, where we have ambitious growth plans.”
Speaking about his new role, Andrew Bresler said:
“It is a huge honor 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 a huge opportunity to grow the Saxo brand. Saxo UK is well placed to take advantage of this opportunity thanks to our broad – and expanding – product suite and competitive pricing launched earlier this year.
“Combined with the strong regulatory background the team has built, I have every confidence that we can realize the full potential of the business together. I look forward to working with the passionate team in London and across the organisation. It’s very much like coming home and I’m excited for the journey ahead.”
About Saxo Capital Markets UK Ltd
Saxo UK is a licensed subsidiary of Saxo, a leading Fintech specialist connecting people to investment opportunities in global capital markets. Saxo UK has been operating in London since 2006 and is a multi-asset trading and investment provider, Saxo’s vision is to enable people to fulfill their financial ambitions 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 all asset classes, where they can trade more than 40,000 instruments in more than 20 languages from a single margin account. Saxo Group also authorizes more than 120 financial institutions as partners, enhancing the investment experience they can offer their clients through open banking technology. Whether it’s their investments or the outcome of their investments, Saxo provides clients and partners with the tools, platforms and knowledge to make an impact.
Saxo Group holds four banking licenses and is well regulated worldwide. With client assets in excess of $100 billion, Saxo is a global firm with a local presence, employing more than 2,100 people in financial centers around the world including London, Singapore, Amsterdam, Zurich, Dubai , Shanghai, Hong Kong and Tokyo.