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Rikard Josefson named new CEO of Avanza

 · Regulatorisk information
The Boards of Directors of Avanza Bank Holding AB (publ) and the subsidiary Avanza Bank AB (publ) have appointed Rikard Josefson as the new Chief Executive Officer. Rikard will assume the role within six months. Johan Prom will continue as CEO until then.

“Rikard has a deep knowledge of customers, technology and banking. Just like us at Avanza. That’s why we found each other so quickly and naturally,” said Sven Hagströmer, Chairman of the Board of Avanza.

Rikard Josefson, 51, has served for the last six years as CEO of Länsförsäkringar Bank, where he, among other things, has helped to develop the bank’s mobile services, mortgage products and “savings robot”. At the same time, Länsförsäkringar, like Avanza, has won several awards for Sweden’s highest customer satisfaction. In addition Länsförsäkringar has won the best mobile app award. Previously, Rikard spent 25 years at SEB.

“I am proud of my work at Länsförsäkringar, where we doubled business volumes during my time as CEO. Now I am excited to be a part of Avanza as it continues to challenge the banking market,” said Rikard Josefson.

More on Rikard’s background follows below.

“This information is such that Avanza Bank Holding AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the contact person set out below, at 08:30 CEST on 29 June 2017."

Summary of Rikard Josefson’s background:

2011 - 2017   Länsförsäkringar Bank, CEO

1986 - 2011   SEB. Most recently as Deputy Head of SEB’s Swedish retail banking operations. Regional Director for six years with responsibility for telephone and internet banking as well as development and sales.  

Education:     B.A. in Economics from Stockholm University