Following a recent change-of-control at Saxo Bank, changes at both the management and board level continue.
Copenhagen based multi asset brokerage group Saxo Bank A/S has announced that company chairman Lone Fønss Schrøder has decided to retire from the board of directors of the company.
Vice chairman Henrik Normann (pictured above) will assume the position of Chairman of Saxo Bank effective immediately. Mr. Normann has been on Saxo Bank’s board since 2015.
Henrik Normann is President and and CEO of Nordic Investment Bank. Henrik Normann’s previous experience include holding the position as Managing Director of Danske Markets, the investment banking arm of the Danske Bank Group. He has held various management positions within Danske Bank and also been a member of its Executive Committee. He holds a Master of Arts degree in History and Political Science from Copenhagen University.
Lone Fønss Schrøder said on her departure:
I now consider my mission in Saxo Bank to be completed and I feel a need to focus on other assignments. I hand over a bank with a healthy capitalization, a new strategy under implementation and new, strong owners who will hopefully soon be taking over. I am extremely happy about the mutual cooperation we have had.
CEO and founder of Saxo Bank Kim Fournais commented:
I would like to thank Lone for her hard work and dedication as chairman, and I wish her the best of luck in the future.