Asset management in focus of Handelsbanken senior management changes

Sweden’s Handelsbanken has continued its stream of announcements about senior management changes in its organisation – including a new role for its acting head of Handelsbanken Markets & Asset Mangement

Pål Bergström has been appointed from his Markets & Asset Management role to acting chief compliance officer at the group, and as a result will be a member of the senior management team. The appointment takes effect 9 September, as does the appointment of Rolf Marquardt as acting CFO, and who previously was chief compliance officer.

Marquardt succeeds Ulf Riese, who is taking up the role of senior advisor, reporting directly to the group CEO. He also takes on the role starting 9 September.

This follows the announcement the previous day that Michael Broom was appointed chief credit officer , subject to regulatory approval, at Handelsbanken UK – the biggest non-Nordic market served by Handelsbanken. Previously, Broom headed Handelsbanken South West UK.

Taking over that role is Chris Teasdale, who previously was responsible as area manager at Handelsbanken Yorkshire & North East UK. Handelsbanken claims over 200 branches across the UK offering decentralised universal banking.

Handelsbanken Fonder, the fund company, is listed as a subsidiary of the Handelsbanken group. It claims AUM of some SEK400bn (€54bn) across about 100 funds.

Jonathan Boyd
Editorial Director of Open Door Media Publishing Ltd, and Editor of InvestmentEurope. Jonathan has over two decades of media experience in Japan, Australia, Canada and the UK. Over the past 17 years he has been based in London writing about funds and investments. From editing the newsletter of the Swedish Chamber of Commerce in Japan in the 1990s he now focuses on Nordic markets for InvestmentEurope. Jonathan was awarded Editor of the Year at the Professional Publishers Association (PPA) Independent Publisher Awards 2017. Shortlisted for the same in 2016, he was also shortlisted in 2017 and 2015 for the broader PPA Awards category Editor of the Year (Business Media).

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