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Saxo Capital Markets Appoints Jimmy Ang to Board of Directors

Saxo Capital Markets Pte Ltd
2009-06-23 11:05 1849

SINGAPORE, June 23 /PRNewswire-Asia/ -- Saxo Capital Markets, the online trading and investment specialist, is pleased to announce the appointment of ITOCHU Petroleum's Executive Director, Jimmy Ang, to its board of directors.

Ang is appointed as a Non-Executive Director of Saxo Capital Markets following an extensive career in the oil and financial industry.

Ang joined ITOCHU Petroleum from Platts where he was the Director for Asia Oil Markets Reporting. At ITOCHU Petroleum, he assists with the overall management of the company that is engaged in trading crude oil and refined petroleum products.

From 1996-2003, Ang was the Executive Vice President and Head of Derivatives Trading at the Singapore Exchange where he was responsible for the division's operations. His career track record also includes management roles at established multinational corporations such as BP, Esso and Chemical Bank (JPM Chase).

Ang says, "I'm very pleased to come aboard Saxo Capital Markets' board of directors, and look forward to being able to contribute to the business. Saxo Capital Markets has a highly viable business model that has proven itself repeatedly. I am excited to be part of its future development and continued success."

"Jimmy Ang brings along a wealth of knowledge and experience in the oil and financial markets," says Kazuaki Takabatake, CEO of Saxo Capital Markets. "His expertise in areas such as commodities helps compliment the team and we look forward to his contributions as a member of the board of directors."

Ang's first public appearance as Non-Executive Director of Saxo Capital Markets will be at a Commodities Seminar organized by Saxo on June 27, where he will present his insights on the Oil markets.

About Saxo Capital Markets

Saxo Capital Markets Pte Ltd is a wholly-owned subsidiary of Saxo Bank A/S, an online trading and investment specialist. It serves as the Asia headquarters and holds a capital markets services license under the Monetary Authority of Singapore. Clients can trade Forex, CFDs, Stocks, Futures, Options and other derivatives via SaxoWebTrader and SaxoTrader, the leading multi-asset online trading platforms. SaxoTrader is available directly through Saxo Capital Markets or through one of its global partners. White Labelling is a significant business area for Saxo Capital Markets, and involves the online trading platform being customised and branded for other financial institutions and brokers. The Saxo Bank Group has more than 120 white-label partners and thousands of clients in over 180 countries. It is headquartered in Copenhagen with offices in Australia, China, Czech Republic, France, Italy, Japan, Singapore, Spain, Switzerland, UK and the United Arab Emirates.

For more information, please visit http://www.saxomarkets.com.sg

Media contact:

Saxo Capital Markets Pte Ltd

Fen Bai

Tel: +65-6303-7713

Email: fmb@saxomarkets.com.sg

Source: Saxo Capital Markets Pte Ltd
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