Saxo Bank, one of the largest online investment banks in Europe, announced that it has appointed Damian Hitchen as new CEO of the MENA region. He will be based in Dubai and report directly to Chief Sales Officer Stig Christensen.
In his new position, Damian will lead the bank's efforts to further accelerate the growth in both new clients and assets within the core segments of traders, investors and wholesale partners.
Damian brings over two decades of experience in the global financial sector to Saxo Bank. Prior to the appointment, Damian worked as Chief Executive Officer for Swissquote Singapore. He joined Swissquote in 2014 as Sales Director and was later promoted as CEO of Swissquote in Dubai.
"I am very excited to join Saxo Bank andfurther grow our regional presence. I have followed Saxo Bank for many years and know them as a firm that from the outset has focused on leveraging technology to disrupt the industry and bring better platforms, products, and services to investors," Damian said.
"The MENA region is of great strategic importance for the Group, and we are proud to attract a profile and capacity like Damian to spearhead our growing business in the region," Kim Fournais, CEO & Founder of Saxo Bank commented. "He brings extensive regional knowledge and a strong track record within trading, investing and asset management."