Saxo Bank Appoints Kyhl as COO

Søren Kyhl will start newly-created role on January 1 2016.

Søren Kyhl joins Saxo Bank as both chief operating officer and member of the management board.

Danish investment bank Saxo Bank has appointed Søren Kyhl to the newly-created role of chief operating officer.

Kyhl will take up the position on January 1 2016, responsible for the bank's daily operations and execution including overseeing the bank's digital experience, marketing, data science and Saxo Privatbank. Prior to joining Saxo, Khyl was most recently head of transaction banking and COO in C&I (Corporates and Institutions) at Danske Bank.

Saxo co-founders and co-chief executive officers, Kim Fournais and Lars Seier Christensen, issued a joint statement stating the appointment of Kyhl "will significantly strengthen the organisation in terms of both digital and operational development and efficiency, which is the core focus of Saxo Bank's business. His unique expertise and experience will be invaluable as we continue the build out of our business in the digital age."

Kyhl will also take a place on Saxo Bank's management board alongside Fornais, Christensen and Saxo chief financial and risk officer, Steen Blaafalk.

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