Steen Blaafalk Proclaims Retirement from Saxo Financial institution

by Jeremy

Saxo Financial institution’s Chief Threat and Compliance Officer, Steen Blaafalk, has introduced his retirement from “a protracted provider inside [the] banking and buying and selling the previous 42+ years.”

“I’m grateful for all of the learnings, alternatives, and experiences that I’ve been given and all the various nice folks I’ve labored with and groups I’ve been a part of. It has been a life by way of a long time of big modifications, which has impacted society and the lifetime of many,” he wrote in a Linkedin put up.

Blaafalk has been working with Saxo for the previous 9 years. He joined the Danish brokerage because the Chief Monetary and Threat Officer. Moreover, he’s sitting on the board of two Saxo Group firms, Saxo Financial institution Switzerland and Milan-based BG Saxo. Regardless of retirement, he’ll proceed his directorship roles.

“It won’t be an entire goodbye to Saxo Financial institution, as I’ll proceed in some directorships of our subsidiaries, and I’ll all the time be an envoy for this GREAT firm,” he added. “I will even pursue the probabilities for different non-executive roles in addition to advising – however extra to return on this.”

Blaafalk’s entered the monetary companies trade with a task at Copenhagen-based Danske Financial institution in August 1980, in accordance with his Linkedin profile, after which continued to work with the corporate for greater than 33 years. He climbed the financial institution’s company ladder over time, grew to become the CEO of Danske Markets in September 2006 and parted because the Head of Group Treasury in October 2013.

Take a look at the latest London Summit session on “Expertise Acquisition within the Period of Mayhem.”

Developments at Saxo

In the meantime, Saxo Financial institution not too long ago terminated its merger take care of a blank-check firm that might have listed the multi-asset dealer on an Amsterdem-based inventory alternate. The aim of the now-failed merger deal was to diversify its shareholder base, increase the corporate’s profile, and speed up its development methods. Nevertheless, the dealer cited ‘timing’ for terminating the deal.

Saxo has been making some modifications to its prime administration. Not too long ago, it onboarded Simon Camilleri as the brand new COO of the UK subsidiary, whereas Mads Petersen has been named because the Interim CFO of the group.

Saxo Financial institution’s Chief Threat and Compliance Officer, Steen Blaafalk, has introduced his retirement from “a protracted provider inside [the] banking and buying and selling the previous 42+ years.”

“I’m grateful for all of the learnings, alternatives, and experiences that I’ve been given and all the various nice folks I’ve labored with and groups I’ve been a part of. It has been a life by way of a long time of big modifications, which has impacted society and the lifetime of many,” he wrote in a Linkedin put up.

Blaafalk has been working with Saxo for the previous 9 years. He joined the Danish brokerage because the Chief Monetary and Threat Officer. Moreover, he’s sitting on the board of two Saxo Group firms, Saxo Financial institution Switzerland and Milan-based BG Saxo. Regardless of retirement, he’ll proceed his directorship roles.

“It won’t be an entire goodbye to Saxo Financial institution, as I’ll proceed in some directorships of our subsidiaries, and I’ll all the time be an envoy for this GREAT firm,” he added. “I will even pursue the probabilities for different non-executive roles in addition to advising – however extra to return on this.”

Blaafalk’s entered the monetary companies trade with a task at Copenhagen-based Danske Financial institution in August 1980, in accordance with his Linkedin profile, after which continued to work with the corporate for greater than 33 years. He climbed the financial institution’s company ladder over time, grew to become the CEO of Danske Markets in September 2006 and parted because the Head of Group Treasury in October 2013.

Take a look at the latest London Summit session on “Expertise Acquisition within the Period of Mayhem.”

Developments at Saxo

In the meantime, Saxo Financial institution not too long ago terminated its merger take care of a blank-check firm that might have listed the multi-asset dealer on an Amsterdem-based inventory alternate. The aim of the now-failed merger deal was to diversify its shareholder base, increase the corporate’s profile, and speed up its development methods. Nevertheless, the dealer cited ‘timing’ for terminating the deal.

Saxo has been making some modifications to its prime administration. Not too long ago, it onboarded Simon Camilleri as the brand new COO of the UK subsidiary, whereas Mads Petersen has been named because the Interim CFO of the group.

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