Tietoevry Company STOCK EXCHANGE RELEASE 12 January 2023 8:00 a.m. EET
As introduced in July 2022, Tietoevry is conducting a strategic evaluate of its Banking enterprise, aiming to allow its separation into an impartial firm listed on a inventory trade. The itemizing is predicted to occur through the latter half of 2023 offered the associated evaluation proceeds favourably. The appointment of Klaus Andersen because the Chief Govt Officer (CEO) of Tietoevry Banking efficient 1 February 2023 is a key milestone within the course of.
On this new function, Klaus Andersen could have the general duty for the Banking enterprise at Tietoevry, together with driving a profitable consequence for the continued strategic evaluate. He has most just lately, since 2019, served because the CEO of Basware, an organization specializing in cloud-based purchase-to-pay applied sciences. Previous to Basware, he held numerous management positions with world software program corporations in monetary companies – at Itiviti, a world capital markets know-how supplier, and at SimCorp, a supplier of built-in funding administration options.
“I’m excited to hitch Tietoevry Banking at this distinctive part in direction of turning into an impartial listed firm. The enterprise has a strong basis for additional development with proficient consultants, loyal clients and aggressive world software program belongings. I actually look ahead to working with the group on the following chapters of success,” says Klaus Andersen.
“Klaus Andersen brings with him a wealth of expertise and data from the fintech software program market in addition to listed firm CEO expertise. I’m very happy to welcome him to the corporate on this crucial function to drive the following particular period of our Banking enterprise,” says Kimmo Alkio, CEO of Tietoevry Group.
The brand new CEO of Tietoevry Banking function will change the function of Managing Director, Tietoevry Banking, at the moment held by Christian Segersven. The transition will happen within the coming months, and Segersven’s future plans and function might be communicated in the end. In his function as CEO of Tietoevry Banking, Klaus Andersen will report back to Kimmo Alkio, CEO of Tietoevry Group, and can turn out to be a member of the Group Govt Administration Workforce. Because the strategic evaluate of Tietoevry Banking proceeds in direction of itemizing, its CEO will report back to the enterprise’ exterior Board of Administrators, which might be established at a later date.
Whereas the CEO appointment is a well timed step that accentuates the aspired future path for Tietoevry Banking, the strategic evaluate aiming on the separation and itemizing of the enterprise continues to be ongoing and additional particulars on its progress might be offered in the end. The separation and timing of the potential itemizing stay topic to market situations, together with however not restricted to the prevailing macroeconomic situations and sentiment amongst fairness traders.
For additional info, please contact:
Tommi Järvenpää, Head of Investor Relations, tel. +358 40 576 0288, tommi.jarvenpaa (at) tietoevry.com
Tietoevry Communications, tel. +358 40 570 4072, information@tietoevry.com
Tietoevry Company
DISTRIBUTION
NASDAQ Helsinki
NASDAQ Stockholm
Oslo Børs
Principal Media
Tietoevry creates purposeful know-how that reinvents the world for good. We’re a number one know-how firm with a powerful Nordic heritage and world capabilities. Based mostly on our core values of openness, belief and variety, we work with our clients to develop digital futures the place companies, societies, and humanity thrive.
Our 24 000 consultants globally concentrate on cloud, knowledge, and software program, serving hundreds of enterprise and public-sector clients in additional than 90 nations. Tietoevry’s annual turnover is roughly EUR 3 billion and the corporate’s shares are listed on the NASDAQ trade in Helsinki and Stockholm, in addition to on Oslo Børs. www.tietoevry.com
