Vitali Butbaev has rejoined Saxo Bank as CEO of Central and Eastern Europe (CEE).
Reporting to Damian Bunce, chief client officer of Saxo Bank, Butbaev will assume overall responsibility to grow and develop the business and client base in the CEE region.
In addition, he is tasked to ensure alignment and execution of global strategic priorities and make Saxo Bank first choice for traders, investors and wholesale clients.
Butbaev will join Saxo Bank on 15 May, and will be based in the bank’s office in Prague.
Previously, Butbaev served at Saxo Bank from 2014 in various roles. He most recently served as founder and CEO of Velstand Capital.
Commenting on his appointment, Bunce said: “We are delighted to welcome Vitali back on board to grow and develop our business and client base in the CEE region. Vitali is an excellent senior hire with a wealth of experience and deep knowledge of the region.”
“His leadership has been a big part of Saxo Bank’s success and we are confident that he is the right person to lead our growth journey in the CEE region going forward.”
Butbaev added: ”I am very pleased to return to Saxo at a time when technology, regulation and macro trends all play into Saxo’s core strengths. I had the pleasure of being part of the journey from the bank’s more humble beginnings to an international financial technology with clients in 170 countries.”
