Vitali Butbaev re-joins Saxo as CEO of Central and Eastern Europe

Maria Nikolova

Vitali Butbaev has worked with Saxo Bank for 13 years in previous roles.

Multi-asset trading and investment services provider Saxo Bank today announces that Vitali Butbaev will rejoin Saxo Bank in the role as CEO of Central and Eastern Europe. Vitali Butbaev has worked with Saxo Bank for 13 years in previous roles.

Vitali Butbaev will report directly to Damian Bunce, CCO of Saxo Bank.

In his role, Vitali will assume overall responsibility to grow and develop the business and client base in the CEE region. Furthermore, he is tasked to ensure alignment and execution of global strategic priorities and make Saxo Bank first choice for traders, investors and wholesale clients.

Vitali joins Saxo Bank with extensive international experience in the financial industry. He most recently served as a Founder and CEO of Velstand Capital. Vitali also spent a year at the Presidents Institute as a Group Regional Director. Prior to this, he worked with Saxo Bank for 13 years. As Regional Head of CEE & Russia, Vitali successfully led Saxo Bank’s offices in the region for seven years. He has also held various sales positions for Saxo Bank’s retail, HNW and institutional clients.

Vitali graduated from Bauman Moscow State Technical University and Moscow Financial University. Recently he finished TRIUM Executive MBA, which is one of the world’s leading degree programs for global leaders jointly issued by NYU Stern School of Business, LSE and HEC Paris school of Management.

Commenting on his appointment, Damian Bunce, CCO of Saxo Bank, said:

“We are delighted to welcome Vitali back on board to grow and develop our business and client base in the CEE region. Vitali is an excellent senior hire with a wealth of experience and deep knowledge of the region. His leadership has been a big part of Saxo Bank’s success and we are confident that he is the right person to lead our growth journey in the CEE region going forward.”

Vitali Butbaev commented on the new role:

”I am very pleased to return to Saxo at a time when technology, regulation and macro trends all play into Saxo’s core strengths. I had the pleasure of being part of the journey from the Bank’s more humble beginnings to an international fintech with clients in 170 countries.”

“Saxo is really a quite unique combination of cutting edge technology and good service from talented people. Saxo Bank’s core strength is delivering unparalleled access to global capital markets to traders and investors through market leading trading platforms. And by delivering ‘Banking-as-a-Service’, Saxo has a strong offering to other banks and brokers that look to leverage Saxo’s technology to service their end-clients.”

Vitali Butbaev will join Saxo Bank on May 15, 2018, and will be based in Saxo Bank’s office in Prague.

Read this next

Fundamental Analysis, Tech and Fundamental

Global FX Market Summary: USD, FED, Middle East Tensions April 17 ,2024

The Federal Reserve walks a delicate line, addressing high inflation through a hawkish stance while avoiding stifling economic growth.

blockdag

‘Kaspa Killer’ BlockDAG Goes To The Moon With $18.5M Presale, Draws Attention from AVAX and Kaspa Investors

Discover how ‘Kaspa Killer’ BlockDAG’s $18.5M presale and 400% surge positions it as the fastest-growing crypto, amidst AVAX’s anticipated market rally and Kaspa’s performance gains.

Tech and Fundamental, Technical Analysis

Bitcoin Technical Analysis Report 19 April, 2024

Bitcoin cryptocurrency can be expected to rise further toward the next resistance level 67000.00, top of the previous minor correction ii.

Digital Assets

Crypto.com denies setback in South Korean market entry

Crypto.com has refuted reports from South Korean media that suggested a regulatory hurdle might delay its expansion in South Korea.

Digital Assets

Tether expands USDT and XAUT offerings on Telegram

Tether’s stablecoin USDT, which boasts a market cap of $108 billion, has expanded its presence onto The Open Network (TON), a blockchain closely linked to the Telegram messaging app.

Digital Assets

Embrace the New Era: USDt on TON Revolutionizes Peer-to-Peer Payments

The integration of USDt, the world’s largest stablecoin by market capitalization, onto The Open Network (TON) marks an advancement in the realm of digital finance.

Education, Inside View

Charting the Course: Expert Analysis on GBP/USD Signal

The GBP/USD is one of the highly regarded currency pairs in the world of Forex trading, known for being liquid, volatile, and having narrow spreads. Traders Union’s analysis combines the latest economic data, market news, and technical indicators, giving all the insights needed to make informed decisions about trading pounds and dollars.

Institutional FX

Iress’ QuantHouse adds BMLL’s historical order book data

“Across the industry, as sophistication levels increase, the demand for superior quality historical market data is intensifying. Market participants need easy access to global, ready-to-use data to improve their own products and strategies, gain a deeper understanding of liquidity dynamics, and generate alpha more predictably, without the burden of data engineering and infrastructure on their P&L.”

SEO

Binance Australia: Revolutionizing Cryptocurrency Trading Down Under

In 2024, Binance Australia continues to shape the cryptocurrency landscape, offering innovative trading solutions and comprehensive support for Australian traders. This article explores its services, regulatory compliance, and what makes it a top choice for crypto enthusiasts in Australia.

<