Saxo Bank has appointed Steve Weller its new chief executive for the Middle East and North Africa (MENA) region. He will be based in the Dubai office and report directly to chief channel officer Damian Bunce.
Weller will assume the overall responsibility to develop the business and grow the base of trader, investor and wholesale clients. He has more than 25 years of international experience in the global foreign exchange market, having most recently been managing director and global head of Sberbank of Russia’s (CIB) foreign exchange business.
Before that, Weller was the head of foreign exchange Asia-Pacific at Barclays in Singapore, and previous to that, global head of FX spot and forward trading at Lehman Brothers.
Bunce said: “The MENA region is central to Saxo Bank’s strategy and we have a truly unique offering to bring to the market. We need to execute effectively on the many opportunities and I am very excited that Steve will lead these efforts.”
Weller added: “With the financial industry’s attention increasingly turning to technology and digital client experience, Saxo’s reputation in FinTech makes it the perfect place to operate in order to be at the forefront of these developments.”
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