Saxo Bank (Schweiz) appoints Patrick Hunger as permanent CEO

At yesterday's meeting the Board of Directors of Saxo Bank (Schweiz) AG appointed Patrick Hunger (46) as Chief Executive Officer (CEO). Patrick Hunger has served as interim CEO since early July 2016.

Steen Blaafalk, Chairman of Saxo Bank (Schweiz) AG and member of the Board of the Saxo Bank Group said: „We are delighted that Patrick Hunger has accepted the role as CEO for Saxo Bank (Schweiz) AG and with his background and experience, he will make a strong contribution to our local organisation. Since his appointment as interim CEO earlier this year, Patrick has shown strong leadership and skill in steering our offices in Zurich and Geneva in the right direction. Switzerland is and will remain a key market for the Saxo Bank Group. We are committed to our local footprint and feel very strongly about our disruptive business model. We believe that the future of banking is digital, more transparent and better priced – regardless of whether clients are self-directed, assisted or delegate management of wealth. With Patrick Hunger, his management team and our skilled employees we are well positioned to further grow our position in the Swiss market."

Patrick Hunger joined Saxo Bank (Schweiz) AG in early 2016 as General Counsel and member of the management team. Prior he worked for Credit Suisse Trust AG for several years, most recently as General Counsel and member of the management team. Before that he served for UBS Investment Bank and the Swiss National Bank. Patrick Hunger graduated from the University of Zurich (Dr. iur.), is admitted to the bar of St.Gallen, and holds an Executive Master from INSEAD, Fontainebleau.

The management team of Saxo Bank (Schweiz) AG consists of CEO Patrick Hunger, Chief Financial Officer Michael Völlm, Chief Operating Officer Raj Mehra and Head of Commercial Neil Browning.

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