Saxo Leadership with New Regional Head for APAC and MENA

Saxo has announced the appointment of Damian Hitchen as the new Regional Head of APAC and MENA. Hitchen, who has led Saxo’s MENA business since 2021, will now take on the responsibility of further developing and expanding the firm’s presence across both the Asia-Pacific (APAC) and Middle East & North Africa (MENA) regions.

With over 20 years of experience in the global financial services industry, Hitchen brings a wealth of expertise to his new role. Before joining Saxo, he served as CEO of Swissquote in Singapore and was instrumental in establishing the company’s regional MENA business while based in Dubai. His broad experience in managing financial services in diverse markets positions him well to lead Saxo’s growth across APAC and MENA.

Saxo Expands Leadership with New Regional Head for APAC and MENA

As part of this strategic restructuring, Mahesh Sethuraman has been appointed CEO of Saxo Singapore. In his new role, Sethuraman will oversee the growth of the Singapore business and the broader business areas managed by the Singapore office. Sethuraman, who joined Saxo in 2018, previously headed the Global Sales Trading team. With more than 15 years of experience in financial services, Sethuraman’s deep knowledge of the market and client relationships will be key to accelerating Saxo’s growth in the region.

Together, Hitchen and Sethuraman will succeed Adam Reynolds, who is stepping down after a decade at Saxo. Reynolds played a pivotal role in strengthening Saxo’s position in the APAC region.

Moreover, commenting on his new role, Hitchen expressed his excitement at the opportunity to work closely with Sethuraman and the team to drive growth across MENA and APAC, emphasizing his focus on leveraging digital platforms to capture market potential. Sethuraman also shared his enthusiasm for leading Saxo Singapore, reflecting on the firm’s growth and the significant opportunities ahead.

Company Overview

Saxo Bank stands out as a premier multi-asset broker, offering exceptional research capabilities and an exceptional trading platform, along with an impressive array of over 70,000 tradable instruments, which include spot forex, FX options, NDFs, CFDs, stocks, stock options, exchange-traded funds, ETNs, futures, and 33,000 bonds. For engaged traders, Saxo Bank offers a comprehensive and immersive trading journey, boasting an extensive toolkit, research resources, and premium features.

Discover more in our Complete Review.