The acting CEO Mattias Carlsson is appointed as the CEO for TF bank

The board of directors at TF Bank has appointed Mattias Carlsson as a new CEO for TF Bank. Mattias Carlsson, has been working at TF Bank for almost 10 years, under which he took the post of CEO and the Chairman of the Board of Directors and has become since November 2017 the acting CEO of the bank.

– Mattias Carlsson has been an important member of the working team of TF bank throughout his years of service at TF Bank. We at the Board of Directors are convinced that Mattias Carlsson is the right person for this post to lead the daily operational activities for our growth journey, says the acting Chairman of the Board of Directors of TF Bank Bertil Larsson.

Mattias Carlsson has long experience in banking activities where he among other different posts worked at SEB before he became the CEO for TF Bank in year 2009. Mattias Carlsson was the CEO of the bank until year 2015 and then became the Chairman of the Board of Directors when TF Bank initiated the preparation process for listing on Nasdaq Stockholm in June 2016. Mattias has a broad experience in strategic planning, business development on product and customer level.

– I am looking forward to continue managing the operational activities – along with the competent staff of the bank – at this exceptional phase of growth the bank is currently going through. We will continue strengthening our market positioning in northern Europe through expanding and diversifying our two segments of business aiming to increase the value for our shareholders, says TF bank's newly appointed CEO Mattias Carlsson.

An interview with Mattias Carlsson is attached to this press release.

For more information you may contact:
Bertil Larsson, acting Chairman of the Board, +46 (0)70 573 13 00
Mikael Meomuttel, CFO and Head of Investor Relations +46 (0)70 626 95 33

About TF Bank
TF Bank is an internet-based niche bank offering consumer banking services through its proprietary IT-platform with a high degree of automation. The company’s IT platform is designed for scalability and adaptation to different products, countries, currencies and digital banking solutions. TF Bank carries out deposit and lending activities with consumers in Sweden, Finland, Norway, Denmark, Poland, Germany, Estonia and Latvia through subsidiary, branch or cross-border banking. The business is divided into two segments: Consumer Lending and Ecommerce Solutions.

About Us

TF Bank was founded in Sweden in 1987 for the purpose of offering financing solutions to customers who ordered goods from mail-order catalogues. Over time, the Group has grown both in terms of product offering, profit and geographical reach. Currently, TF Bank offers consumer banking services through a highly automated, in-house developed IT-platform designed for scalability and adaptability to different products, jurisdictions, currencies and digital banking solutions. TF Bank conducts banking operations with deposits and lending to private customers in Sweden and Finland, lending to private customers in Norway and Poland as well as cross-border lending in Denmark, Estonia and Latvia. The Group’s principal business is lending to the public through two segments: Direct to Consumer and Sales Finance. Direct to Consumer comprises mainly of loans of limited amounts to private customers. Sales Finance provides funding solutions for the handling of invoice and instalment payments.