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08 May 2018
Dubai
Reporter Maddie Saghir

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Saxo Bank appoints Steve Weller as MENA CEO

Saxo Bank has appointed Steve Weller as CEO of the Middle East and North Africa region (MENA).

Based in Dubai, Weller will be responsible for growing and developing the business and client base in the region, and he will report directly to Damian Bunce, CCO of Saxo Bank.

Weller has over 25 years of international experience in the global foreign exchange market.

Most recently, Weller was managing director and global head of Sberbank of Russia’s foreign exchange business.

Commenting on his new role, Weller said: “I am truly excited to join Saxo Bank and very much look forward to helping develop our business in Dubai and the wider MENA region. With the financial industry’s attention increasingly turning to technology and digital client experience, Saxo’s reputation in financial technology makes it the perfect place to operate in order to be at the forefront of these developments.”

Weller added: “Saxo Bank provides uniquely broad and efficient access to global capital markets for its clients which is becoming increasingly relevant as clients seek to balance portfolios across geographies and asset classes.”

Damian Bunce, CCO of Saxo Bank, commented: “We are extremely pleased to welcome Steve Weller on board as the CEO of the MENA region. Weller is a highly accomplished, resourceful and results-focused senior executive with a proven track record in consistently delivering robust and sustainable results.”

“The MENA region is central to Saxo Bank’s strategy and we have a truly unique offering to bring to the market. We need to execute effectively on the many opportunities and I am very excited that Weller will lead these efforts.”

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