Saxo Markets, the licensed subsidiary of Saxo Bank, a fintech specialist that links people to investment opportunities in global capital markets, has appointed Ken Shih the Head of Wealth Management, Greater China.
The e-commerce and investment specialist announced Shih’s appointment on Tuesday, noting that the industry veteran will help strengthen his digital wealth management service in the region.
Shih’s embarkation comes less than a month after the multi-valued business services provider hired Redmond Wong in Hong Kong to bolster its global investment strategy and generate research work focused on Hong Kong and mainland China.
“Shih, an 18-year industrial veteran in the financial industry, has previously held senior sales and strategic positions at HSBC, UBS, JPMorgan Chase and other major financial institutions in the United States and Hong Kong,” Saxo Markets said in a statement.
Shih joins Saxo Markets after spending three years as Head of Sales and Marketing at Hong Kong-based fintech company AQUMON.
At the new digital wealth management company owned by Magnum Research Limited, Shih “has grown the customer base a lot and raised the brand significantly in the space of digital wealth management.” He is expected to reproduce the same at Saxo Markets.
Based in Hong Kong, Shih is required to report to Richard Douglas, the Chief Executive Officer of Saxo Markets in Hong Kong.
Speaking of the veteran’s appointment, Douglas said Shih “certainly brings the expertise and exceptional energy we are looking for.”
“With its incorporation and the Type 4 and Type 9 licenses we acquired last October, Saxo is well positioned and fully committed to the wealth management business, which is an important piece in Saxo’s overall ambition,” Douglas said.
He added, “We aim to provide more comprehensive services to support clients achieving their financial aspirations through our multi-valued business and investment offerings.”
Manish Prasad, Head of Active Management, Saxo Markets, Asia Pacific, believes Shih will play a key role as the service provider continues to grow in the region and enhance the overall experiences of its customers in terms of their investment journeys.
Prasad explained: “Saxo has strong ambitions to rapidly expand our business in Asia with Greater China playing a focus on these plans. Saxo as a fintech pioneer, along with its award-winning platforms, can provide an alternative to traditional asset and wealth management for investors.
“The ideal digital rich experience we aim to provide will delight investors with an attractive combination of an excellent customer experience through simplicity, personalized investment solutions, engaging content and reasonable fees.”
For his part, Shih said he accepted “this challenge directly” and is looking forward to bringing immediate value to the team by helping the company’s customers achieve their rich goals.
“I am excited to take on this role and help Saxo accelerate its wealth management expansion in Greater China. Saxo is a great company with 30 years of pioneering experience in the fintech space, ”said Shih.
“With a strong technology stack, a talented individual global firm, a wide range of access to global markets and products, and a deep understanding of customers, I have no doubt that we can deliver advanced service and digital wealth management experience for companies. Investors,” he added.
Saxo’s Mixing Cabinet
Since the beginning of the year, Saxo Markets has made at least three appointments, as reported Financial Tycoons.
In January, the Saxo subsidiary expanded its Board of Directors in the UK by appointing Nicholas Wilcock and Michael Ridley as Non-Executive Directors to embark on their extensive business, regulatory and operational experiences to drive the company’s expansion.
The subsidiary continued the appointments of Wilcock and Ridley by appointing Peter Morris, the former Managing Director, Global Brokerage Operations at BGC Partners, as its new CEO (COO).
Saxo Markets, the licensed subsidiary of Saxo Bank, a fintech specialist that links people to investment opportunities in global capital markets, has appointed Ken Shih the Head of Wealth Management, Greater China.
The e-commerce and investment specialist announced Shih’s appointment on Tuesday, noting that the industry veteran will help strengthen his digital wealth management service in the region.
Shih’s embarkation comes less than a month after the multi-valued business services provider hired Redmond Wong in Hong Kong to bolster its global investment strategy and generate research work focused on Hong Kong and mainland China.
“Shih, an 18-year industrial veteran in the financial industry, has previously held senior sales and strategic positions at HSBC, UBS, JPMorgan Chase and other major financial institutions in the United States and Hong Kong,” Saxo Markets said in a statement.
Shih joins Saxo Markets after spending three years as Head of Sales and Marketing at Hong Kong-based fintech company AQUMON.
At the new digital wealth management company owned by Magnum Research Limited, Shih “has grown the customer base a lot and raised the brand significantly in the space of digital wealth management.” He is expected to reproduce the same at Saxo Markets.
Based in Hong Kong, Shih is required to report to Richard Douglas, the Chief Executive Officer of Saxo Markets in Hong Kong.
Speaking of the veteran’s appointment, Douglas said Shih “certainly brings the expertise and exceptional energy we are looking for.”
“With its incorporation and the Type 4 and Type 9 licenses we acquired last October, Saxo is well positioned and fully committed to the wealth management business, which is an important piece in Saxo’s overall ambition,” Douglas said.
He added, “We aim to provide more comprehensive services to support clients achieving their financial aspirations through our multi-valued business and investment offerings.”
Manish Prasad, Head of Active Management, Saxo Markets, Asia Pacific, believes Shih will play a key role as the service provider continues to grow in the region and enhance the overall experiences of its customers in terms of their investment journeys.
Prasad explained: “Saxo has strong ambitions to rapidly expand our business in Asia with Greater China playing a focus on these plans. Saxo as a fintech pioneer, along with its award-winning platforms, can provide an alternative to traditional asset and wealth management for investors.
“The ideal digital rich experience we aim to provide will delight investors with an attractive combination of an excellent customer experience through simplicity, personalized investment solutions, engaging content and reasonable fees.”
For his part, Shih said he accepted “this challenge directly” and is looking forward to bringing immediate value to the team by helping the company’s customers achieve their rich goals.
“I am excited to take on this role and help Saxo accelerate its wealth management expansion in Greater China. Saxo is a great company with 30 years of pioneering experience in the fintech space, ”said Shih.
“With a strong technology stack, a talented individual company, a wide range of access to global markets and products, and a deep understanding of customers, I have no doubt that we can deliver advanced service and digital wealth management experience for companies. Investors,” he added.
Saxo’s Mixing Cabinet
Since the beginning of the year, Saxo Markets has made at least three appointments, as reported Financial Tycoons.
In January, the Saxo subsidiary expanded its Board of Directors in the UK by appointing Nicholas Wilcock and Michael Ridley as Non-Executive Directors to embark on their extensive business, regulatory and operational experiences to drive the company’s expansion.
The subsidiary continued the appointments of Wilcock and Ridley by appointing Peter Morris, the former Managing Director, Global Brokerage Operations at BGC Partners, as its new CEO (COO).
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