Multi-asset trading and investing fintech specialist Saxo Capital Markets has appointed its new CEO for the Australian market.
Adam Smith is taking on the role at the Saxo Bank subsidiary after working for more than two decades in the financial services and technology sectors.
He has joined Saxo from OFX, an ASX-listed financial services/technology company, where he was the chief operating officer for the past three and a half years.
Adam Reynolds, CEO of Saxo Capital Markets Asia-Pacific, Mr Smith’s appointment would enhance Saxo’s existing market presence and would expand partnership opportunities with other financial institutions in Australia.
“The Australian market is of great strategic importance to Saxo Group. Adam’s proven track-record and broad experience make him well-qualified to deliver our vision and strategy in the region,” Mr Reynolds said.
“We see great opportunities in Australia’s burgeoning fintech scene. Adam’s depth of knowledge will be highly beneficial in driving further innovation and collaboration in the Australian trading and investment community.”
He added Mr Smith will lead the Saxo Capital Banks’ efforts to grow its business in the local market.
Prior to being at OFX, Mr Smith held a number of senior commercial and operational roles within ANZ Global Markets and Macquarie Bank in both Australia and Hong Kong.
Sarah Simpkins is a journalist at Momentum Media, reporting primarily on banking, financial services and wealth.
Prior to joining the team in 2018, Sarah worked in trade media and produced stories for a current affairs program on community radio.
You can contact her on [email protected].
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