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FX people moves: In and out at Saxo

You just can’t keep Saxo Bank out of the news.

The bank is about to announce that it has recruited industry veteran Albert Maasland as its new chief operating officer. In his new role, the ever affable Albert will be primarily responsible for running Saxo’s European front-office operations.

Maasland joins from Standard Chartered, where he was head of business development, e-commerce. His departure is so amicable that he is still carrying out some projects at the bank. He is expected to take up his role at the start of December.

When I spoke to him yesterday, “I’ve had a great time at Standard. It’s a really good bank, concentrating on what it does well. But I’m looking forward to starting at Saxo. It is hard to overestimate the impact that Saxo Bank are having in the financial services industry and their future growth potential and I am keen to be part of that winning team,” says Maasland.

His experience will certainly be welcomed at Saxo.

Previous roles include a stint at Deutsche Bank, where among other things he was global head of marketing for the global markets division. He joined the bank as head of FX in Europe just as it started to evolve into the force it is today.

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