Hoist Finance reorganises to better capture growth and improve operational efficiency

As of March 27, a new organization is being implemented within Hoist Finance. Strong focus is being placed on building a stronger and more integrated company to increase operational efficiency and better capture market growth. The new organisation will promote focus on digitalisation and harmonisation across the group.

“We have concluded that Hoist Finance must become more efficient to leverage the growth opportunities and improve profitability. As our industry becomes more sophisticated and knowledge driven, we must increase our collective efforts to work as harmonised as possible across markets and group functions. Our clients expect a product and service offering that is consistent across the group and based on the highest standards in ethics and compliance. Our new organisation creates the prerequisites for an integrated and focused company with growth, digitalisation and operational efficiency on top of the agenda,” says Klaus-Anders Nysteen, CEO of Hoist Finance.

A new position as Chief Operating Officer (COO) is established to lead the improvement in both operational efficiency and digitalisation. To coordinate and to create a stronger product offer to the European banking system a Chief Sales Officer (CSO) is appointed.

As the new organization becomes effective on March 27, Hoist Finance Executive Management team consists of:

Charly De Munter, acting Chief Operating Officer (COO),

Christer Johansson, acting Chief Financial Officer (CFO),

Ulf Eggefors, Chief People Officer (CPO),

Henrik Gustafsson, Chief Sales Officer (CSO),

Stephan Ohlmeyer, Chief Investment Officer (CIO), and

Anders Carlsson, Head of Group Legal,

all reporting to CEO, Klaus-Anders Nysteen.

Christer Johansson, who is new to the Executive Management Team, has been with Hoist Finance since 2014. He most recently held the role as Head of Group Finance and Business Control. Before joining Hoist Finance he held a number of positions within Business development, Advisory and Front office management at SEB. Previous to that he was a management consultant at McKinsey & Company.

Following, the reorganisation, Pontus Sardal will leave the role as Chief Financial Officer (CFO) and deputy CEO and hence also the Executive Management Team, and, Anders Wallin will leave the role as Chief Information Officer (CIO) and the Executive Management Team.

Michel Fischier

Group Head of Investor Relations

Tel: 46 8 555 177 19

About Hoist Finance

Hoist Finance is a trusted debt restructuring partner to international banks and financial institutions. We are specialised in serving banks in handling non-performing loans, and supporting individuals in becoming debt free. Through expertise and rigorous compliance we earn the banks’ trust. Through respect, honesty and fairness we earn the trust of our customers. For further information, please visit hoistfinance.com.