Loomis appoints Stellan Abrahamsson as Chief Risk Officer

Rhea-AI Summary

Loomis Group has appointed Stellan Abrahamsson as Chief Risk Officer, effective March 1, 2022. He brings extensive risk management expertise from his advisory role and previous positions in the banking and insurance sectors, including as Senior Group Supervisor at the Swedish Financial Supervisory Authority. Abrahamsson will work alongside the current CRO, Martti Ojanen, until the transition. Ojanen will then take on a new role as Head of Group Insurance within the company's risk organization, reporting to Abrahamsson.

Positive

• Stellan Abrahamsson's extensive risk management background could enhance Loomis' risk strategies.
• Smooth transition with current CRO Martti Ojanen facilitating knowledge transfer.

Negative

• Change in leadership may pose initial challenges in continuity and strategy alignment.

SOLNA, Sweden, June 3, 2021 /PRNewswire/ -- Stellan Abrahamsson has been appointed Chief Risk Officer (`CRO") of the Loomis Group and will assume the position as of March 1, 2022. Starting from October 1 this year, Stellan will work in parallel with the current CRO to ensure a smooth handover of tasks. Stellan has extensive knowledge of risk management and is currently working as an independent risk management advisor to Nordic and international companies. In addition to comprehensive experience of risk management from various positions in the banking and insurance industry, Stellan has also had the role as Senior Group Supervisor at the Swedish Financial Supervisory Authority (Finansinspektionen).

Stellan Abrahamsson will be part of the Group Management team and report to the President and CEO of Loomis Group, Patrik Andersson.

Loomis' current CRO, Martti Ojanen, will assume a new position as Head of Group Insurance, as of March 1, 2022, within the group risk organization and report to the new CRO. 

June 3, 2021                                          

CONTACT:

Patrik Andersson
President and CEO
Cell: +46 76 111 34 00   
E-mail: patrik.andersson@loomis.com

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Loomis appoints Stellan Abrahamsson as Chief Risk Officer

 

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SOURCE Loomis AB

FAQ

Who is the new Chief Risk Officer of Loomis Group?

Stellan Abrahamsson has been appointed as the new Chief Risk Officer of Loomis Group.

When does Stellan Abrahamsson officially start his role as CRO?

Stellan Abrahamsson will officially assume the role of Chief Risk Officer on March 1, 2022.

What is the background of Stellan Abrahamsson?

Stellan Abrahamsson has extensive experience in risk management and has served as Senior Group Supervisor at the Swedish Financial Supervisory Authority.

What will happen to the current CRO, Martti Ojanen?

Martti Ojanen will transition to a new role as Head of Group Insurance, reporting to the new CRO.

How might the leadership change impact Loomis Group?

The leadership change may bring fresh perspectives but could also present challenges in ensuring continuity in risk management strategies.