Saxo Bank has made two changes to the board of management in order to further strengthen client focus, corporate governance and strategy execution.
Board of management member Søren Kyhl has been promoted to deputy CEO while he continues in his role as COO. Damian Bunce has been appointed member of the board with the new title of chief commercial officer.
Members of the Board of Management are appointed by the Board of Directors. The board now consists of CEO Kim Fournais, deputy CEO and COO Søren Kyhl, CFRO Steen Blaafalk and CCO Damian Bunce.
The changes strengthen Saxo Bank’s leadership and accountability in relation to clients, shareholders, Board of Directors, regulators and employees.
With Bunce as a new member of the Board of Management, Saxo further increases the essential client and commercial focus. As deputy CEO and COO, Kyhl is the interim successor to Kim Fournais should that become necessary.