Ferratum Oyj

  • WKN: A1W9NS
  • ISIN: FI4000106299
  • Land: Finnland

Nachricht vom 15.05.2019 | 20:00

Ferratum Oyj: Change in Board of Directors

DGAP-News: Ferratum Oyj / Key word(s): Personnel

15.05.2019 / 20:00
The issuer is solely responsible for the content of this announcement.


Ferratum Oyj: Change in Board of Directors

Helsinki, 15 May 2019 - Ferratum Oyj (ISIN: FI4000106299, WKN: A1W9NS) ("Ferratum" or the "Group") announces that in order to fully focus on his executive role leading the Group's consumer lending business in all its countries and become CEO of Ferratum Bank p.l.c. (subject to MFSA approval), Pieter van Groos has resigned from the Group's Board of Directors. Ferratum announced on 24 April 2019 the change in Pieter van Groos' new role in the management together with the appointment of Juhani Vanhala as new Chairman of the Board.

Pieter van Groos commented:

"It has been a pleasure and an honour to serve on the Board of the Group and I now want to give my new role in the Leadership Team of the Group my full attention and focus. The Board has recently been enlarged and strengthened following shareholder approval of the appointments of Kati Hagros, Michael A. Cusumano, Goutam Challagalla and Frederik Strange, and I look forward to continuing the growth of Ferratum through my new role as part of the Leadership Team."

About Ferratum Group:

Ferratum Group is an international provider of mobile banking and digital consumer and small business loans, distributed and managed by mobile devices. Founded in 2005 and headquartered in Helsinki, Finland, Ferratum has expanded rapidly to operate in 25 countries across Europe, Africa, South and North America and the Asia-Pacific region.

As a pioneer in digital and mobile financial services technology, Ferratum is at the forefront of the digital banking revolution. Ferratum's mobile bank, launched in 2016, is an innovative mobile banking platform offering a range of banking services, including real time digital payments and transfers, within a single app. It is currently available in five European markets. Ferratum has approximately 2.0 million active and former customers who have an account or have been granted one or more loans in the past (as at 31 December 2018), of which over 792,000 customers have an open Mobile Bank account or an active loan balance in the last 12 months.

Ferratum Group is listed on the Prime Standard of Frankfurt Stock Exchange under symbol 'FRU.' For more information, visit www.ferratumgroup.com.

Contacts:

Ferratum Group
Dr. Clemens Krause
Chief Financial Officer & Chief Risk Officer
T: + 49 30 921005844
E: clemens.krause@ferratum.com
Ferratum Group
Emmi Kyykkä
Head of Group Communications
& Investor Relations
T: +41 79 940 6315
E: emmi.kyykka@ferratum.com
Ferratum Group
Paul Wasastjerna
Head of Fixed Income Investor Relations
T: + 358 40 7248247
E: paul.wasastjerna@ferratum.com

UK / European media enquiries:
Smithfield, A Daniel J Edelman Company
Alex Simmons | Brett Jacobs
T: +44 20 3047 2543 | +44 20 3047 2537
E: asimmons@smithfieldgroup.com
E: bjacobs@smithfieldgroup.com
Ferratum Group
Jochen Reichert
IR & Capital Markets Advisor
T: +49 170 444 2006
E: jochen.reichert@ferratum.com
 

 



15.05.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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