Saxo Markets has made changes to its board by adding Michael Ridley and Nicholas Wilcock as Non-Executive Directors. The company announced the development in a press release, stating that their new role in the company is effective immediately. They have also worked in various capacities in different organizations, gaining operational and regulatory experience in the process.
According to Saxo Markets, the expansion is in line with its strategic goal of expanding its operations following impressive growth in the trading and investing sector.
Both Directors Come With Decades Of Industry Experience
The new entrants to the board have industry experience that spans over 3 decades. Ridley comes with more than 4 decades of experience in the financial industry, while Wilcock has more than 30 years of industry experience in the financial sector.
Ridley is still active as a member of seven different organizations, despite his recent addition to Saxo Market’s Non-executive board.
He is a Trustee for Prism ad Gift Fund, Managing Partner at Pedmore Advisors Limited, Adviser to the Minister of Finance for the Republic of Iceland, and Member of Investment Board for the Pension Agency of Georgia. He is also a Vice President for the Save the Children UK, Deputy Chairman at Herald House Museum, as well as Advisory Board Member for the Royal United Services Institute. Ridley is also serving as a Non-Executive Director at Standard Profil Plc.
He has also served as Vice Chairman of Investment Banking at JP Morgan Securities, spending almost 15 years in the company.
Before joining Saxo Bank UK, Wilcock was the Managingdelta cap Principal at Delta Capital. He spent three years there and helped the firm to develop its first line of defense as well as its Non-Financial Risk practice.
Before his stint with Delta Capital, Wilcock spent fifteen months at Pall Mall Risk reduction, serving as a Director during the period.
However, he gained most of his experience at Credit Suisse after spending more than 25 years in the company. During the time, he took up various roles and contributed to the company’s growth and expansion.
His last role there was as the Chief Operating Officer for Investment Banking and Capital Markets. He has extensive experience in dealing with several complex multi-jurisdictional regulatory issues.