Hoist Finance

Board/Management Information • Aug 23, 2017

Change in Hoist Finance Executive Management Team

Najib Nathoo, Regional Director West Europe, leaves Hoist Finance. Najib has worked with the company since 2012 and been a member of Hoist Finance Executive Management Team since 2015.

"Najib has played an important role in the evolution of Hoist Finance over the years, from the successful establishment in the UK and Spain to the turn-around of our French operations. I am grateful for the contribution Najib has made to the company during all these years and I would like to wish him the best of luck when he leaves the company to take on new challenges", says Jörgen Olsson, CEO Hoist Finance.

The recruitment process to find a successor starts immediately. During this process Ulf Eggefors will assume the role as acting Regional Director West Europe and at the same time become a permanent member of the Executive Management Team.

Ulf Eggefors has since the beginning of the year held the position as Head of CEO Office. Ulf has extensive experience from the financial industry and has previously held positions such as Global Head of Trade Finance Services at Swedbank, CFO at Cell Mark and a number of senior positions with SEB in Stockholm and London.

For further information please contact:

Michel Jonson, Group Head of Investor Relations

Telephone: +46 (0)8 555 177 19

About Hoist Finance

Hoist Finance is a trusted debt restructuring partner to international banks and financial institutions. We are specialised in serving banks in handling non-performing loans, and supporting individuals in becoming debt free. Through expertise and rigorous compliance we earn the banks' trust. Through respect, honesty and fairness we earn the trust of our customers.