Saxo Bank, the leading fintech specialist focused on multi-asset trading and investment, today announces that financial services industry veteran, Peter Morris, has been appointed as the new Chief Operating Officer and board member of its subsidiary, Saxo Markets UK Limited, effective immediately.
Peter has over 40 years’ experience across financial institutions and established financial technology companies working for leading financial services firms and institutions, including Cognizant, Broadridge Financial Solutions, Smartstream Systems, BGC/Cantor Fitzgerald, Commerzbank, Nomura and Lehman Brothers. He brings significant expertise managing operations across finance, IT, risk management, legal and compliance at a time when Saxo Markets UK continues to expand its offering amid exceptional growth in the investment and trading space.
Charles White-Thomson, CEO of Saxo Markets UK, commented: “Peter’s depth and breadth of expertise across the trading and technology landscape will be a huge asset to the firm at a time of great growth potential for the industry which will undoubtedly bring more opportunities for differentiation through technology, strong operational foundations and risk management. We are delighted to have him on board.”
Commenting on his appointment, Morris, said: “Saxo has always placed a strong emphasis on operational robustness, and this is evidenced in the fact that its retail clients have long benefited from institutional-like experience. I am excited to help the firm continue to lead on operational resilience as the sector grows in both size and complexity.”
Peter will be based in London and report to Charles White-Thomson, CEO of Saxo Markets UK. His appointment follows the recent announcement that seasoned industry figures Nicholas Wilcock and Michael Ridley have joined Saxo Markets UK’s board as Non-Executive Directors.
