Denmark-based Saxo Bank, an online trading and investment specialist firm, has named Steen Blaafalk as global head of finance and risk operations, effective April 22.

In this role, Blaafalk will be responsible for all legal and compliance, finance, risk management and business intelligence within the bank. He also will be a member of the board management team.

Blaafalk joins Saxo Bank with significant experience in the financial sector, most recently acting as head of group treasury, and a member of the executive committee, at Danske Bank. In his 30-year career with Danske, Blaafalk has also served as head of Danske Markets. Additionally, he has a strong background in trading and trading platforms, as well as in national and EU regulation.