After serving as interim CFO since October, Mads Dorf Petersen has now been appointed as CFO of Saxo Bank on a permanent basis.

Replacing Mette Ingeman Pedersen, Mads Dorf Petersen is currently the permanent CFO at Saxo Bank. Previously, he was in charge of the position on an interim basis since October.

Mads Dorf Petersen joined the Saxo bank in 2009 and has held various finance leadership positions since then, including Head of Business Planning and Analysis and Deputy Head of Group Finance. He recently held the position of Head of Commercial Finance.

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He is excited, as the FSA-regulated broker has provided him with many reliable talents in various departments, which builds a great supporting system. In addition, he enjoys working with this bank, recognizing that Saxo is a prudent, regulated, and well-capitalized financial institution, which altogether contributes to its future success.

"The fact that Saxo is a prudent, regulated, and well-capitalized financial institution is one of the foundations of our success, and we remain fully committed to being ahead of the curve on these crucial areas as we continue to grow and further scale our business."

Kim Fournais, Saxo Bank CEO & Founder, acknowledges Petersen's capacity for the position as he has demonstrated a precious attitude toward his colleagues, teams, and expertise.

"On behalf of Saxo, I'm very happy to announce that Mads Dorf Petersen will continue in the role of CFO. Mads is an exceptional and positive person, a subject matter expert that is always curious to learn even more, and he is very well-liked and respected by his colleagues and team. His expertise and proven track record make him the ideal person to lead our financial and legal operations and help us achieve our strategic goals."