Saxo Bank, the Danish investment bank and leading E-FX provider, has appointed Craig Howard Russell as its Chief Market Strategist for China, based in Beijing.
The new hire underscores one of the bank's primary strategies, to strengthen its market presence in Asia.
"Craig brings extensive experience in financial trading and a wealth of knowledge on global markets," says Kim Fournais, Co-CEO, Saxo Bank. "In this newly created role, Craig will be responsible for building and establishing more synergies between Saxo and government officials, business partners and clients in China. I am positive that the vast experience Craig possesses will further fuel Saxo's focus in China, as well as in other markets around the region."
Mr. Russell has accumulated more than twenty years experience in global currency, equity and futures markets. Prior to his appointment, he held the role of Chief Market Strategist with Chicago-based, IKON Global Markets for five years. His previous experience includes management roles with Chicago-based companies, Alaron Trading, where he helped start the company's Spot FX desk, and ODL Securities, which he helped to establish.
"I am delighted to join Saxo Bank and I look forward to helping to create a stronger market presence," comments Mr Russell. "Looking into 2008, I continue to believe in China's long-term macro and micro economic potential. The rise in the Chinese market is due, in part, to solid fundamental underpinnings, including a liberalization of markets and remarkable economic growth. Its people have an insatiable appetite to learn and are hungry to take on investment opportunities that are present. These are very exciting times in China and Asia, and I am honored to be part of the Saxo team."