09.21.2023

SIX Appoints Bjørn Sibbern as Global Head Exchanges

09.21.2023
SIX Appoints Bjørn Sibbern as Global Head Exchanges

SIX has appointed Bjørn Sibbern as Global Head Exchanges and Member of the Executive Board of SIX, due to take up the position on 1st January 2024.

Currently serving as Executive Vice President and President of European Markets at Nasdaq, he boasts more than two decades’ experience operating across capital markets. He will replace Christoph Landis, who has headed up the exchange business of SIX on an interim basis since February 2023. Landis will return to his previous role as Head IT and member of the SIX Executive Board

Bjørn Sibbern will head up the exchange business at SIX as a member of the SIX Executive Board (ExB) from 1st January 2024. He is a seasoned professional boasting an impressive track record of over 20 years operating in the global exchange arena for highly reputable institutions including Nasdaq. Bjørn Sibbern has experience managing large teams, with expertise in the fields of trading, funds, post-trade, listings, IPOs, data, index business and technology. He will be responsible for both the Swiss and Spanish Exchanges at SIX, as well as the digital exchange SDX.

Bjørn Sibbern, a Danish citizen, is currently serving as Executive Vice President and President of European Markets at Nasdaq. In this role, he leads Nasdaq markets and exchanges across Nordic and Baltic regions. He is also responsible for trading, listing, clearing, settlement and data businesses in Sweden, Denmark, Finland, Norway, Iceland and the Baltic nations.

Prior to this, Bjørn Sibbern was Executive Vice President for Nasdaq’s Global Information Services (GIS), based in New York City, having previously led Nasdaq’s Global Commodities business and served as President of the Nasdaq Copenhagen Exchange. Earlier in his career, he managed Nasdaq’s Nordic Cash Equities and Derivatives Markets.

Before joining Nasdaq, he was Head of Trading at Stocknet Norway and CEO at E*TRADE Bank Denmark. He holds an Executive MBA, a Diploma in Business Administration and an MSc in Economics & Business Administration and Law from Copenhagen Business School.

Jos Dijsselhof, CEO SIX, said: “I am delighted that Bjørn, an experienced and very well-connected capital market specialist, will be joining SIX at such an exciting time in the company’s development. We have every confidence he will be key to driving the continued advancement of our exchange business, making a substantial contribution to the overarching growth strategy of the company. I would also like to thank Christoph Landis for leading the exchanges on an interim basis over the last few months – he has done a phenomenal job”.

Source: SIX

Tal Cohen, president, market platforms at Nasdaq, said in an email:

“As the Head of European Trading Services, Bjørn played a critical role in driving a unified strategy in support of Nasdaq’s European trading, listings, and markets business. During Bjørn’s 15-year tenure at Nasdaq, he has held several leadership positions in Europe and in the US and has made a positive and lasting impact on our employees, our clients, and the communities we serve. We thank Bjørn for his service to the company. We are excited to welcome Roland Chai as his successor who will continue to take the business forward.”

Chai, currently head of marketplace technology at Nasdaq, will replace Sibbern as as head of European trading services.

Source: Nasdaq


Related articles

  1. Incoming CEO Craig Donohue successfully completed more than $20bn in M&A when he led CME Group.

  2. Volatility Back 'With a Vengeance'

    Average daily volume in April reached 35.9 million contracts, an increase of 36% year-over-year.

  3. Donohue spent two decades at CME Group where he was CEO for eight years before departing in 2012.

  4. The group reported record revenues and operating income in the first quarter as volumes increased.

  5. Markets division saw strong broad-based growth against elevated volatility, which has persisted into April.