GENTOFTE, Denmark, April 27, 2007 (PRIME NEWSWIRE) -- Saxo Bank has announced the appointment of Rabbe Ekholm as Chief Commercial Officer, effective May 1.
A native of Helsinki, Finland, Ekholm comes to Saxo from MSCI Barra, a division of Morgan Stanley, where he led its index and risk content businesses. During the merger of MSCI and Barra, Ekholm oversaw the integration of the companies' respective sales, marketing and content business units, steering them on a path of high double-digit growth.
Prior to his stint at MSCI Barra, Ekholm held a number of senior executive marketing and general management positions with Procter & Gamble, Pepsi, and International Distillers and Vintners.
At Saxo Bank, Ekholm will join the bank's Senior Executive Management group, leading its marketing, product development, communications, quantitative analysis, and quality and process divisions in a newly created executive function. He will report directly to the bank's co-CEOs and co-founders Kim Fournais and Lars Seier Christensen.
In announcing the appointment of Mr. Ekholm, Kim Fournais and Lars Christensen issued the following joint statement: "Rabbe Ekholm brings to bear a wealth of international business and management experience to Saxo Bank, which will stand us in good stead as our global business continues to gain momentum. Combining these functions under the supervision of a single experienced leader is a key step in enabling future growth."
About Saxo Bank A/S
Saxo Bank A/S is a modern investment bank specializing in online investments in the international Capital Markets. Saxo Bank enables clients to trade currencies, shares, CFD contracts, futures, options and other derivatives as well as portfolio management via our online trading platform - SaxoTrader. SaxoTrader has been internally developed by Saxo Bank and is available to today's investor directly through Saxo Bank or through one of our global partnerships as an integral part of their own infrastructure. One of Saxo Bank's significant areas of business is White Labelling, which is the development of tailored versions of the online trading platform to other banks and brokerage houses. Saxo Bank has more than 70 White Label Partners and thousands of clients in 177 countries. The bank's website www.saxobank.com has approx. 65,000 visitors every day. Saxo Bank currently employs more than 800 employees from 45 different countries. The bank is headquartered in Denmark, with operating offices in London and Singapore, and an IT development center in St. Petersburg, Russia.