Saxo Bank Group shareholders elected a new Chairman of the Board and a new member of the Board at their annual general meeting.
Kari Stadigh, former Group CEO and President of Sampo plc, will replace Daniel Donghui Li, CEO of Zheijiang Geely Holding Group, as Chairman of the Board.
Yifan Zhang, Financial Sector GM and Management Committee Member of Geely Holding Group, has been elected as a member of the Board and will replace Ian Zhang, CFO of Polestar, who has served as a member of the Board since 2018.
Kim Fournais, CEO and founder, comments: “We would like to thank Daniel Donghui Li for his important contribution to the Saxo Bank Group over the last two years and we highly appreciate that he will continue as a member of the Board. Under Daniel’s chairmanship, we have made great progress in terms of expanding Saxo’s relevance to more clients and partners, especially in China with the establishment of our joint venture, Saxo Fintech, which truly strengthens our presence and opportunities in China with the support of our partner, Geely.
“On the same note, we thank Ian Zhang for his dedication and contribution to the Saxo Bank Group during his tenure on the Board – and we are delighted to welcome Yifan Zhang as new member of the Board.
“We are very proud that Kari Stadigh, one of the most renowned and respected leaders in the financial industry, will join the Group as our new Chairman. With his deep knowledge of the market and exceptional track record, we are well-positioned to execute on our strategy and further scale and grow our business.”
Stadigh says: “Saxo Bank has a unique business model and very strong shareholders, and with their full support, I am looking forward to becoming part of this growth journey. Saxo Bank’s powerful trading and investment platforms are the best in the market and have great potential globally – especially as more people across the world look for intuitive platforms to manage their investments.”