Saxo Bank appoints new leaders in Singapore for Asia-Pacific expansion

Danish Saxo
Picture of Saxo Bank Headquarters in Denmark.

Danish investment company Saxo Bank has appointed Damian Hitchen as the new leader for the Asia-Pacific and Middle East regions. Hitchen, who has been with Saxo since 2021, now has a bigger role overseeing growth across both areas. He has 20 years of experience, including as CEO of Swissquote in Singapore.

Meanwhile, Mahesh Sethuraman, who joined Saxo in 2018, is now the CEO of Saxo Singapore. He will work closely with Deputy CEO Thomas Hansen to strengthen the company’s business in Singapore.

Commenting on his appointment, Sethuraman said: “Having been in Singapore since 2006, Saxo has grown substantially over the years but given the strength of our comprehensive offering, we still have a long way to go. I am excited to drive the next phase of growth for Saxo Singapore together with Thomas and the wider team.”

Saxo Bank’s CEO, Kim Fournais, shared that he trusts the new leaders to help Saxo grow and make investing more accessible. Fournais added that Saxo’s goal is to help “curious people be invested in the world.” Hitchen and Sethuraman are taking over from Adam Reynolds, who helped Saxo expand in Asia over the last ten years.

Source: Saxo Bank press release

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About Miriam Soukaina Nenni

Miriam Nenni is a journalist working with ScandAsia at the headquarters in Bangkok.

View all posts by Miriam Soukaina Nenni
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