Axactor SE

Board/Management Information • Apr 24, 2020

Axactor recruits Teemu Alaviitala as new CFO

Axactor recruits Teemu Alaviitala as new CFO

Teemu Alaviitala has been recruited as a new CFO for Axactor SE. Teemu comes from the role as CFO for Nordea’s Norwegian business and has previously been CFO and Chief Strategy officer at Gjensidige Bank and Head of Business planning analyses in Citibank, responsible for the Nordics.

"We are pleased to appoint Teemu Alaviitala as new CFO. Teemu has long and solid experience from the financial sector. He is a business-driven CFO who can help us ensure continued growth going forward." says Johnny Tsolis, Interim CEO at Axactor.

"I'm excited to take on the role as CFO for Axactor, a company with a unique position and a strong track record”, says Teemu Alaviitala.

For additional information, please contact:

Johnny Tsolis, Interim CEO, CFO, Axactor

Mobile phone: +47 913 35 461

Email: johnny.tsolis@axactor.com

About Axactor

Axactor Group is a next-generation debt management company operating in Norway, Sweden, Finland, Germany, Spain and Italy with an ambitious European growth strategy. Axactor acquires and collects on own portfolios of non-performing loans and also provides debt collection and accounts receivable management for third parties. The debt collection market is estimated to about 1,000 billion euros across Europe, providing significant opportunities for future expansion. The company has approximately 1150 employees.

To learn more, visit www.axactor.com