FNG Exclusive… Copenhagen based Retail FX and CFDs broker Saxo Bank has joined the environmental, social and governance movement, hiring Line Vesth to head the company’s ESG efforts as well as other regulatory projects.

Line Vesth joins Saxo Bank from Nykredit, one of Denmark’s leading retail focused financial institutions, where as senior legal advisor she headed Nykredit’s post-trade regulatory implementation. She has also worked at Danske Bank, SEB, and Dexia Bank.

A number of Retail FX brokers have recently beefed up their ESG investing efforts, which has become a theme of increasing importance across the financial world. We had previously reported that FCA regulated Plus500 appointed Anne Grim as a member of its Audit, Remuneration and ESG Committees at the board level. IG added former Colt CEO Rakesh Bhasin to its board and ESG effort. Last May IG Group hired Ben Hemington from Teach First as its ESG Manager.

Saxo Bank is controlled by China’s Geely Group.