SAXO Bank Appoints LEGO VP , while Price Market UK Ltd Removes its Head of Legal and Compliance

SAXO Bank Appoints Lego Executive Niels Jorgensen to Strengthen Group’s Customer Offering and Digital Experience

saxo bank
Saxo Bank

Copenhagen-based multi-asset broker on Monday announced the addition of LEGO Group executive, Niels Jorgensen to the newly created position of Chief SaxoExperience Officer. 

Mr Niels Jorgensen will assume the role, from mid-August, and he will also be working as the group’s global head of marketing and communications. He will report directly to the CEO and Founder of Saxo Bank, Kim Fournais. According to the release, Niels will be responsible for developing customer experience at the trading firm.

Mr Horgensen who has been with LEGO Group since 2013, was initially the vice president of the company and later was in charge of the group’s digital business. Prior to this, he has worked as CEO and Chief Financial Officer of IO Interactive, a Danish video game company. 

 Kim Fournais commented on Niels joining:

“I am very excited that Niels will be joining us. He has a unique background to help us build a world-class SaxoExperience, and he shares our purpose and virtues.”

Niels Jorgensen also commented:

“Enhancing the SaxoExperience for clients… is a strategic priority. The financial sector is in the middle of several massive challenges, and we see across industries how winners are relentlessly putting [their] clients first. I am really fascinated by this change and eager to join Saxo Bank on the journey to deliver world-class services to clients.”

Price Markets UK Terminates Appointment of Christoph Flefel, the Head of Legal and Compliance

Price Markets UK
Price Markets UK

Price Markets UK Ltd., the prime brokerage and infrastructure services provider has terminated the services of Christoph Flefel who was the Director, Head of Legal and Compliance.

The announcement was made through a regulatory filing, and Flefel was terminated from his position on the 18th March 2019. The termination is due to the company’s reorganisation plan in which it is winding down its retail division to maintain focus on Liquidity and Technology solutions.

Speaking to FinanceMagnates, the CEO and Founder, Alexander Talei said:

“In the meantime, I am taking on the role of Mr Flefel during the restructuring phase. I am grateful for Mr Flefel’s work over the last few years and wish him all the best in his future endeavours.”

Christoph Flefel originally joined the firm in July 2015, and prior to this, he was head of compliance at Noor Capital Markets & Amwal International Investment Company from 2010 until 2015.