Saxo Bank hires Steen Blaafalk from Danske Bank to head Finance and Risk


In addition he will be a member of the Board Management alongside Saxo’s co-CEO’s

Leading European forex and CFD brokerage Saxo Bank has announced that it is aiming to consolidate its organizational structure and strengthen its business with a new appointment of a Global Head of Finance and Risk Operations. Steen Blaafalk is joining the company coming from one of the most stable European banks out there – Danske Bank. His previous job was as Head of Group Treasury and member of the executive committee.

He is a veteran at the Danish banking powerhouse with a long career dating 30 years back in time. He was serving as head of Danske Markets where he possessed an impressive track record of achieving profitable results and he is an expert in trading and trading platforms as well as national and EU regulation.

Saxo Bank’s co-founders and co-CEO’s Kim Fournais and Lars Seier Christensen stated that challenges ahead are requiring some additional expertise and the recruitment is aimed at reinforcing the focus of the company on its core business. The new Global Head of risk Operations will be responsible for legal challenges, Saxo Bank’s compliance department, finance, risk management and business intelligence within the bank.

The seniority of the position is reinforced with the addition of Steen Blaafalk as a member of Saxo Bank’s Board Management alongside Kim Fournais and Lars Seier Christensen.

Steen Blaafalk has stated that he is looking forward to assume his new role at Saxo Bank and become part of the company’s management. He expressed his hopes to contribute to the leading position of the bank’s world class trading platform.

The new executive role will be assumed by Steen Blaafalk officially on the 22nd of April.

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Saxo Bank hires Steen Blaafalk from Danske Bank to head Finance and Risk

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