People moves: Saxo continues push into wealth and white labels

Saxo Bank has appointed two of its senior directors to newly established positions to support its strategy of expanding into the wealth management area, as well as expanding its already successful white-label programme. Torben Rene Larsen has been appointed executive director, global head of VIP clients, while Stephan Martinussen has been appointed global head of partner sales. Saxo says Martinussen’s new position will ensure it can continue to partner with leading financial institutions across the globe. Both Larsen and Martinussen will report directly to Albert Maasland, senior executive director and head of Europe at Saxo.