Mikael Pauli appointed new head of Catella’s wealth management
Catella’s wealth management operations in Sweden and Luxembourg will be integrated into what will become Catella Bank (formerly Banque Invik). Mikael Pauli has been recruited to head the division.
As part of the conversion of Banque Invik into Catella Bank, Catella Förmögenhetsförvaltning AB’s (Eng. Wealth Management) operations will be transferred to Catella Bank and integrated with the equivalent operations in Luxemburg as of 1 January 2013. The integration will create a management division with initially approximately SEK 9 billion under management.
The integration of the two sets of operations in Catella Bank will strengthen the range of services offered to clients, with both superior management services and borrowing and lending arranged by the bank. At the same time, resources will be freed up to expand the wealth management operations which are currently being conducted from offices in Luxemburg, Stockholm, Gothenburg, Malmö and Växjö.
“Our aim is to develop a bank which is aimed at entrepreneurs and which can become a strong alternative to the standardised services offered by the major banks. Catella Bank will do this by building on Catella’s strong position with business and real estate owners,” says Fredrik Sauter, Managing Director of Catella Bank.
Mikael Pauli has many years’ experience working in senior positions in the field of Private Banking at Carnegie, HQ and Handelsbanken. Pauli will take up his new position on 1 December 2012.
För ytterligare information, vänligen kontakta:
Fredrik Sauter
Verkställande direktör, Catella Bank
+46 8 463 33 10
Presskontakt:
Viktoria Ejenäs
Communications Officer, Catella
+46 8 463 33 34, +46 72 726 33 34
About Catella: Catella offers specialised financial services and products within selected market segments. Catella has 430 employees in 12 European countries within two operating segments; Corporate Finance and Asset Management. Catella is listed on Nasdaq OMX, First North Premier and the share is traded under the abbreviations CAT A and CAT B. Remium AB is Catella’s Certified Adviser, 46 8 454 32 00. Read more about Catella at www.catella.com.
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