Saxo Bank parts ways with UK CEO Charlie White-Thomson

abdelaziz Fathi

FCA-regulated broker Saxo Markets UK Ltd., the UK subsidiary of Saxo Bank A/S, is parting ways with its long-serving chief executive Charlie White-Thomson.

White-Thomson has nearly three decades of experience in financial services, including both developed and emerging equity markets. Having served in several senior management positions, he joined the Danish forex bank in 2019 as non-executive director to its board. During a five-year tenure, he held key roles, culminating with the position of Saxo Markets UK’s CEO in October 2020.

“After an enjoyable and action packed 5 years, I have decided to step down as CEO and leave Saxo to pursue the next chapter of my life. I would like to thank Saxo for the significant opportunity and to make a special shout out for the excellent UK office. It has been a pleasure to work with such good people and inspirational clients whilst getting a deep understanding of a 30 year old financial technology business, and all the moving parts behind a large, complex and highly regulated retail franchise,” White-Thomson said.

Given his background, the UK business of Copenhagen-based broker depended on White-Thomson to bring unique perspectives and valuable expertise to the board, further strengthening the group’s corporate governance. During his lengthy career, which dates back to 1994, he has built a proven track-record of navigating through changing and competitive markets with a clear focus on scaling business models, while improving client experiences.

Prior to Saxo Bank, White-Thomson spent a short stint at BOGD BANKBOGD, a challenger bank based in Ulaanbaatar, Mongolia. However, he spent the bulk of his career at Credit Suisse where he served for nearly 17 years. While there, he rose through the ranks from head of cash equity sales to board member of CS Bank Moscow.

“The experience has also encouraged me to find my public voice and pen, and the courage to be as direct and frank with my views and thoughts as possible. I am grateful to all the great media institutions, publications and people I have worked with and the engaging debates around some of the more pressing issues and topics that we face,” he wrote on his LinkedIn profile.

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