CEO Michael Wolf leaves Intrum Justitia

Michael Wolf leaves Intrum Justitia after two years as CEO in order to take up the position as President of the Swedbank Group.

- Although I am sad to see Michael leave us, I wish him and Swedbank all the best, says Lars Lundquist, Chairman of the Board of Intrum Justitia AB.

Intrum Justitias strategy to create complete solutions for long term client relations within Credit Management Services remains unchanged. Our aim is to build client and shareholder values and to be an attractive employer.

Intrum Justitia will continue on its chosen path: the efforts to achieve higher operational efficiency will continue with undiminished force. Knowledge sharing within the Group, regionalization and the building of a common data centre are important corner stones for our strategy.

- Intrum Justitia has a strong and experienced Group Management Team and it is with confidence I look forward to the continued cooperation within the Group, concludes Lars Lundquist.

Michael Wolf remains in his position until April 24, 2009. The process to recruit Michael Wolf’s successor has been initiated.