Lunar Appoints Søren Kyhl As Chief Executive Officer

Under Klausen’s leadership, Lunar has grown into a leading Nordic digital challenger bank with more than one million users across the region.

The leadership change represents the next phase of Lunar’s growth strategy, with a continued focus on scaling operations across the Nordics, strengthening commercial and operational performance, expanding lending and other banking products, and driving growth in both consumer and business banking on its path toward profitability.

Klausen will remain actively involved as founder and board member, supporting a smooth leadership transition while continuing to contribute to Lunar’s long-term development.
Kyhl brings deep expertise in financial services, technology-driven businesses and digital platform scaling.

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He spent more than a decade in Saxo Bank’s executive leadership team, most recently serving as Deputy CEO and COO, where he played a key role in business expansion, organisational development, and growth across international markets.

“I’m incredibly proud of what we’ve built since 2015. Together with a strong team, we have built a bank from the ground up, challenged a traditional industry, and created a platform with meaningful scale across the Nordics. Now feels like the right time to hand over the baton. I look forward to seeing Søren and the entire Lunar team continue building on the foundation we have created together,” says Ken Villum Klausen.

“Lunar was founded with the ambition to rethink how a modern bank should work and feel digital, simple, and built around user needs. Ken and the team have created a strong foundation with thousands of business and private users across the Nordics and significant potential ahead.

I look forward to continuing to develop the business together with the organisation and driving the strategy forward with a focus on growth, strong products, and even better user experiences. An important part of the next phase will also be to continue strengthening the bank while maintaining a strong focus on compliance and regulatory quality – something that is absolutely critical for a digital bank in growth,” says Søren Kyhl.