Saxo Appoints Michelle West as UK Compliance Head

Saxo appoints Michelle West as its new UK Head of Compliance, marking another strategic move as the company expands its presence in the region. With nearly three decades of experience in compliance, West brings a wealth of expertise from major financial institutions, having previously held roles at Bank of America, ABN AMRO, National Bank of Greece, Alpari UK, Electronic Voice & Foreign Exchange Limited, and Plus500UK. 

Most recently, she served as Head of Compliance and Money Laundering Reporting Officer at Plus500UK, where she helped strengthen the company’s anti-money laundering policies and compliance infrastructure. She has also worked as a regulatory consultant, advising a variety of financial firms, including hedge funds, brokers, and both retail and foreign banks. West now steps into her new role at Saxo during a time of significant retail transformation. 

Saxo Appoints Michelle West as UK Compliance Head

In April, the company introduced a Flexible ISA in response to a surge in client demand, particularly after reporting a 591% rise in interest for its Stocks and Shares ISA during the first two months of 2025 compared to the same period last year. Saxo also revised its pricing model, which contributed to a 132% year-on-year increase in new global trading clients throughout 2024. 

Notably, the UK market has seen growing participation from younger and more diverse investors, with clients under 25 now accounting for 15% of new users, up from 9% previously. Female investor numbers have tripled, making up 18% of new clients compared to just 6% in 2023. In addition to West’s appointment, Saxo recently brought on Neil Wilson as UK Investor Strategist in April 2025. He now leads efforts to deliver market insights and commentary tailored to UK clients. 

Welcoming West to the leadership team, Saxo UK CEO Andrew Bresler stated, “We are delighted to welcome West to the team, as we continue to deliver on our ambitious growth strategy in the UK, supporting UK investors to make the most of their money and savings.” These strategic hires and product enhancements demonstrate Saxo’s commitment to innovation and customer-centric growth in an increasingly competitive retail investment landscape.

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