SIX Appoints Exchange Head Sibbern As New Chief Executive, Replacing Dijsselhof
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SIX Group has chosen Bjørn Sibbern to be its new Chief Executive Officer. According to the company, he will assume this new role on January 1, 2025.
Sibbern, who is currently in charge of exchanges and is part of the SIX Group Executive Board, will take over from Jos Dijsselhof. Dijsselhof is resigning after leading SIX for seven years to find new opportunities in the Middle East. Sibbern has more than 20 years of experience working in capital markets. He held important roles at OMX Exchanges, Nasdaq, and E*TRADE Bank Denmark.
Sibbern joined SIX a year ago and showed excellent leadership skills
Thomas Wellauer, the Chairman of SIX, said that since Sibbern joined the SIX a year ago, the company has seen him as a strong, driven, and proactive leader. He added that Sibbern knows a lot and is a great leader. This makes him the right person to help SIX grow more.
This change in leadership comes at an important time for SIX. When Dijsselhof’s was in charge, the company took some important steps. These includes selling its card business to Worldline and buying the Spanish stock exchange BME. These moves have helped SIX grow outside of Switzerland.
Sibbern shared that in the past year, while working as Global Head of Exchanges, he had the chance to work with a talented team and see the great opportunities that SIX has in front of it. He added that he is excited to keep working with his colleagues to further develop the company and help shape the future of the industry. He has several degrees from Copenhagen Business School, including an Executive MBA. Sibbern has also been in charge of SIX’s exchange operations since early this year.
Sibbern Will Face Competition In Global Exchange Markets As He Continues Six’s Growth
Dijsselhof will stay with SIX until the end of February 2025, to help the company through the leadership change. During his time as Executive Officer, he helped the company grow and become more modern, especially through projects like the SIX Digital Exchange (SDX).
Sibbern will now face the challenge of continuing SIX’s growth while dealing with tough competition in the world’s exchange market. SIX has also shared plans to buy Aquis Exchange, a company in London, for £194 million.
The deal shows that SIX wants to grow even more in Europe. Aquis was established in 2012 by Alasdair Haynes and runs a pan-European platform for trading cash stocks.
It also gives licenses for proprietary market infrastructure technologies, manages a UK market for growing businesses, and handles market data. SIX believes that buying Aquis will help create a bigger European exchange and new ways for the company to make money by combining Aquis’ technology with SIX’s skills.
