Saxo appoints Pedro Borges to head Saxo Bank Brazil

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Saxo Bank has appointed Pedro Borges as head of Saxo Bank Brazil, the Danish bank’s new office in Sao Paulo.

Borges returns to Saxo after a nine-year hiatus, most recently as a director at Portuguese financial services firm Orey Financial. He reports to Pedro Brigham, Madrid-based head of the Latin region, who in turn reports to head of commercial Thyge Boserup, and the bank's co-chief executives and co-founders, Lars Seier Christensen and Kim Fournais.

"As host to the 2016 Olympics and the 2014

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