Saxo Bank appoints Ulrik Ross as Head of Group Treasury

Ulrik Ross has extensive international experience from various senior level positions at Investment Banks and Financial Institutions in London, Helsinki and Copenhagen

saxo bank

Saxo Bank, the online multi-asset trading and investment specialist, today announces the appointment of Ulrik Ross as Head of Group Treasury, effective March 1, 2018.

Ulrik Ross will report directly to Steen Blaafalk, Head of Group Finance & Risk (GFR), and will be part of the global management team in GFR and Saxo Group’s Senior Management Team (SMT).

In his role, Ulrik Ross will assume the overall responsibility for all Treasury activities, including managing the bank’s liquidity and professional bank and broker relations. He will also be responsible for pricing the Bank’s capital and liquidity resources, as well as contributing to a strategic approach to both source of funds, taking industry and regulatory changes into account in a proactive manner. A key part of the responsibility is to be very client focused and in particularly interact with the Group’s White Label partner clients and institutional clients.

Ulrik Ross has extensive international experience from various senior level positions at Investment Banks and Financial Institutions in London, Helsinki and Copenhagen. The new senior hire most recently served as Managing Director Global Head of Public Sector and Sustainable Financing at Hong Kong Shanghai Banking Corporation (HSBC) in London, where he successfully implemented a client and product focused growth strategy, which gained HSBC multiple financial markets awards.

Prior to this, Ulrik spent six years at Nomura International, where he led the Debt Capital Markets division for Northern Europe, CEE and Southern Africa. Ulrik initially worked as a treasury and funding specialist in Denmark and Finland, prior to the long career in London.

Commenting on his appointment, Steen Blaafalk, Head of Group Finance & Risk at Saxo Bank, said:

“I am very pleased to appoint such a high caliber executive to take care of the Group Treasury and be part of the Senior Management Team. Ulrik is ambitious and result-driven with a proven track record in building and managing regional and global international businesses. He has successfully navigated multi-cultural opportunities offered by small and large cap companies and has consistently improved the performance of complex companies in international financial markets. I am sure that with Ulrik’s strong expertise in financing and capital markets, we will further improve the efficiency of our treasury activities.”

Ulrik Ross commented on the new role:

“I am very pleased to be joining Saxo Bank. It is very exciting to be part of such an agile and scalable FinTech Bank with state of the art client focused product offerings. Saxo Bank is a Financial Technology leader and a breath of fresh air in a fast-changing industry. I look forward to adding value to Saxo Bank and its clients as treasurer for the Group.”

Former Head of Group Treasury Henrik Andersen has decided to step down to assume a new position on the Board of Management at KommuneKredit.

Read this next

Digital Assets

SEC bypassed commission vote in approving Ethereum ETFs

The Securities and Exchange Commission’s (SEC) Trading and Markets Division has approved several spot Ethereum exchange-traded funds (ETFs) using delegated authority, rather than a vote by the full commission.

blockdag

BlockDAG Presale Draws Massive $32.4M Hinting At its 30,000x ROI Potential, Overshadowing Retik Finance at Bitmart

Learn why BlockDAG’s innovative strategies and $32.4M presale success are making millionaires, overshadowing Retik Finance’s struggle on Bitmart.

Institutional FX

Malaysia’s exchange launches API for onboarding retail investors

“The Exchange actively listens to the evolving needs of our customers. This initiative is key in delivering on our commitment towards greater customer-centricity. We will continue to work closely with our POs and introduce service innovations to attract more investors, bolstering the competitiveness of our market.”

Fintech, Uncategorized

LiquidityBook welcomes JonesTrading to LBX Post-Trade Hub

“As we near the T+1 deadline, we are excited to continue helping firms achieve straight-through processing in addition to delivering new enhancements to our comprehensive range of cloud-native buy- and sell-side trading solutions.”

blockdag

Should I Invest Today? Which Altcoins Could Make 2-5X Profits Amid the Latest News?

Investing in cryptocurrencies can be a journey full of surprises, given their volatile nature.

Executive Moves

Bakkt promotes Ray Kamrath to CCO of Crypto

Bakkt has promoted Ray Kamrath to Chief Commercial Officer of the company providing custody, trading, and onramps to the crypto space.

Industry News, Uncategorized

HSBC relocates US headquarters to The Spiral, New York

HSBC has opened its new U.S. headquarters at The Spiral, a renowned office building in New York City’s Hudson Yards neighborhood.

blockdag

Best Cryptos to Buy Before the Real Bull Run Kicks Off

With the bull run of 2024 already underway, investors are eager to identify cryptocurrencies that promise significant growth.

Market News

This time is different – is it?

The stock market wants lower interest rates – or rather, it has been expecting them for months. Justified? The US economy looks very robust, so higher interest rates would actually be the order of the day.

<