LeapRate has learned that Denmark-based multi-asset broker Saxo Bank has named Patrick Hunger as the permanent CEO of its Swiss unit, Saxo Bank Switzerland (formally Saxo Bank (Schweiz) AG).
As reported on LeapRate, Hunger was named Interim CEO of Saxo Bank Switzerland back in June, following the resignation from the post of Antonio Ferrante.
Hunger – a lawyer by training – joined Saxo Bank less than a year ago as General Counsel of Saxo Bank Switzerland, following more than six years in senior legal roles at Credit Suisse. He had also previously worked at UBS and Swiss National Bank.
Steen Blaafalk, Chairman of the Board of Directors at Saxo Switzerland and a member of the Board of Management in Saxo Bank A/S, provided a statement:
With Patrick Hunger, his management team and the committed members of staff we are well placed to expand our position in the Swiss market further.
Saxo Bank Switzerland has a bank and securities dealer license granted by the Swiss Financial Market Supervisory Authority (FINMA). Saxo Bank Switzerland has offices in both Zurich and Geneva.