Insider information: Carl Haglund appointed as Chief Executive Officer of Aktia Bank Plc
HELSINKI, June 12, 2025 /PRNewswire/ -- Aktia's Board of Directors has appointed M.Sc (Econ.) Carl Haglund as the new Chief Executive Officer of Aktia Bank Plc. Carl Haglund will join Aktia no later than in September 2025 as a designated key person in a senior executive role and will assume the CEO position after completing an induction programme. In connection with the appointment, Carl Haglund steps down from the Board of Directors of Aktia with immediate effect. The Board of Directors will continue to operate without other changes to its composition. The Board of Directors has simultaneously appointed Anssi Huhta, currently EVP of Banking Business at Aktia, as interim CEO until Carl Haglund's induction period ends. The Board of Directors of Aktia and the current CEO Aleksi Lehtonen have decided by mutual agreement that Lehtonen will leave his position today.
Carl Haglund has served as CEO of Veritas for the past three years. Prior to that, he held senior leadership roles at Accenture's Nordic banking and insurance business, served as CEO of bioenergy company Sunshine Kaidi New Energy Group, and held positions as Member of the Finnish Parliament, Finland's Minister of Defence and Member of the European Parliament. He has also served on the Board of Directors of eQ, among others.
The Board believes that Carl Haglund's broad experience will bring precisely the energy and momentum required to deliver on the company's updated strategy, announced in February, in the current rapidly evolving market environment.
"We are very pleased to be able to welcome Carl Haglund as the new CEO of Aktia. He is a visionary and versatile leader with a proven track record in both creating a growth culture and leading growth-oriented transformation with strong results. Carl has a deep understanding of the company and he was involved in shaping our current strategic direction and growth programme, which Aktia is already implementing," says Matts Rosenberg, Chairman of the Board of Aktia.
Carl Haglund will join Aktia no later than September 2025, entering a comprehensive induction programme. The exact duration of the onboarding and the start date of his CEO tenure will be confirmed at a later stage. The induction program is standard practice in the financial sector and its purpose is to ensure that Carl Haglund meets the regulatory fit & proper requirements. During the induction programme, Carl Haglund will serve in a designated key executive role at Aktia.
Matts Rosenberg, Chairman of the Board of Aktia:
"Aktia's goal is to democratise wealth management and become Finland's leading wealth manager. Aktia's Board is confident that Carl Haglund has the ability to take Aktia forward into the next stage of development. Throughout the different phases of his career, he has demonstrated the ability to lead transformation and profitable growth in an inspiring way.
I would also like to warmly thank Aleksi Lehtonen on behalf of the Board of Directors and all employees of Aktia for his valuable contribution to the development and launch of the updated strategy, as well as the initiation of the acceleration programme. With his experience, he has taken Aktia to the next level. I wish Aleksi all the best for the future."
Carl Haglund:
"Aktia has a clear and ambitious strategy, with the aim to become a leading wealth manager empowered by a strong banking heritage. Aktia combines strong banking, life insurance and asset management operations with personalised service, which creates a strong foundation for growth. A new, skilled leadership team is already executing the recently launched Momentum growth programme. I look forward to accelerating the implementation of the strategy together with all the talented professionals at Aktia. The world and the economic landscape are evolving rapidly, and reaching our goals will require determined and collaborative effort."
Carl Haglund's appointment is conditional on the Financial Supervisory Authority not having any objections to the appointment.
Aktia Bank Plc
Board of Directors
Further information:Matts Rosenberg, Chairman of the BoardMia Smeds, Communications Director, Tel. +358 44 546 0379, Email mia.smeds (at) aktia.fi
Distribution:Nasdaq Helsinki LtdMass mediawww.aktia.com
Aktia is a Finnish asset manager, bank and life insurer that has been creating wealth and wellbeing from one generation to the next for 200 years. We serve our customers in digital channels everywhere and face-to-face in our offices in the Helsinki, Turku, Tampere, Vaasa and Oulu regions. Our award-winning asset management business sells investment funds internationally. We employ approximately 850 people around Finland. Aktia's gross assets under management (AuM) on 31 March 2025 amounted to EUR 15.7 billion, and the balance sheet total was EUR 12.0 billion. Aktia's shares are listed on Nasdaq Helsinki Ltd (AKTIA). aktia.com.
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/aktia-bank/r/insider-information--carl-haglund-appointed-as-chief-executive-officer-of-aktia-bank-plc,c4163232
The following files are available for download:
https://mb.cision.com/Main/23592/4163232/3500331.pdf
Insider information: Carl Haglund appointed as Chief Executive Officer of Aktia Bank Plc
https://news.cision.com/aktia-bank/i/carl-haglund,c3417782
Carl Haglund
View original content:https://www.prnewswire.co.uk/news-releases/insider-information-carl-haglund-appointed-as-chief-executive-officer-of-aktia-bank-plc-302479998.html
Fehler beim Abrufen der Daten
Melden Sie sich an, um Ihr Portfolio aufzurufen.
Fehler beim Abrufen der Daten
Fehler beim Abrufen der Daten
Fehler beim Abrufen der Daten
Fehler beim Abrufen der Daten
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
2 days ago
- Yahoo
Danske Bank AS (DNKEY) Q2 2025 Earnings Call Highlights: Navigating Challenges with Strategic Growth
Net Profit: DKK11.2 billion for the first half of 2025, down 2% year on year. Return on Shareholders' Equity: 13% for the first half of 2025. Lending Growth: Up 5% compared to last year. Deposit Growth: Increased by 3% in the first half of 2025. Cost-to-Income Ratio: 45.4%, progressing towards 2026 targets. Net Interest Income (NII): Stable year-on-year and quarter-on-quarter. Fee Income: Down 7% in Q2 compared to Q1, but stable year-on-year. Trading Income: Increased 26% from the same period last year. Operating Expenses: In line with full-year guidance of up to DKK26 billion. Loan Impairment Charges: DKK0.3 billion for the first half, below full-year guidance of DKK1 billion. CET1 Ratio: Increased to 18.7% at the end of Q2 2025. Assets Under Management (AUM): Grew 3% in Q2 relative to the preceding quarter. Warning! GuruFocus has detected 6 Warning Sign with DNKEY. Release Date: July 18, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Danske Bank AS (DNKEY) reported a net profit of DKK11.2 billion, achieving a return on shareholders' equity of 13%, which aligns with their financial targets for 2026. The bank experienced a 5% increase in lending, particularly driven by corporate customers, contributing to an improved market share for corporate lending across all Nordic countries. Deposits grew by 3% in the first half of 2025, with significant contributions from large corporate and retail business sectors. The bank's strategic focus on expanding its cash management business and investing in technology aligns with its FORWARD 28 strategy, supporting long-term growth. Credit quality remained strong, with loan impairment charges well below the cycle, maintaining a positive outlook for the full year. Negative Points Net profit was down 2% year-on-year, primarily due to lower net income from the insurance business and higher loan impairment charges. Fee income was softer than expected, impacted by reduced investment activity and lower refinancing activity in the mortgage sector. Operating expenses remained stable, but there was a slight increase in costs related to financial crime prevention. The macroeconomic environment, despite being generally favorable, still posed challenges with geopolitical uncertainties affecting consumer and business sentiment. The bank's net interest income (NII) faced pressure from rate cuts, although partially mitigated by increased volumes and structural hedging. Q & A Highlights Q: The fee income was relatively soft this quarter. How should we think about the fee income for the coming quarters? Do you see scope for recovery in asset management activity or advisory in the second half of the year? A: Carsten Rasch Egeriis, CEO: The fee income was softer than expected, mainly due to investment side challenges in April and lower lending fees from refinancing activities. However, AUMs ended at a record high, and we see good momentum on the investment side. We expect more activity in capital markets in the second half, with a solid pipeline, especially in advisory and capital market fees. Q: Can you remind us of your latest thoughts on capital allocation, particularly regarding dividends, buybacks, or M&A? A: Carsten Rasch Egeriis, CEO: We continue to generate healthy capital with a strong CET1 ratio of 18.7%. Our focus remains on distributing in-year earnings, and we will update our capital distribution strategy in Q1 next year. Our priority is to grow our business, and we will consider potential capital distribution if growth does not meet expectations. Q: On your guidance, the numbers are the same, but it seems there's a shift towards higher NII and lower fees. Is that fair? A: Carsten Rasch Egeriis, CEO: Yes, we adjusted the guidance wording due to weaker Q2 fees. Despite this, we remain positive about our strategy and fee opportunities. We continue to feel good about the NII trajectory, expecting it to be above DKK35 billion, supported by strong volume growth and structural hedges. Q: Can you explain the increase in NII sensitivity for downward rate movements? A: Cecile Hillary, CFO: The sensitivity increase to minus DKK650 million for a 25 basis points decrease is due to approaching the zero bound, reducing our ability to pass rate changes to deposits. Additionally, minor changes in sensitivity for rate increases and adjustments in our deposit bond hedge contribute to this. Q: What are your views on the competitive dynamics in Denmark, especially with the CRR3 output floors not applying to Danish subsidiaries? A: Carsten Rasch Egeriis, CEO: We have already front-loaded the CRR3 impact, and I don't foresee changes in competitive dynamics. Historically, Denmark's early adoption created some unlevel playing fields, but we've navigated through it. We continue to monitor regulatory developments, especially concerning European competitiveness and simplification. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 days ago
- Yahoo
KONE Oyj (KNYJF) Q2 2025 Earnings Call Highlights: Strong Modernization Growth Amidst ...
Sales Growth: Increased by 4.9% at comparable currencies. Modernization Sales Growth: Nearly 20% increase. Adjusted EBIT Margin: Improved by 25 basis points for Q2. Operating Cash Flow: Increased by approximately EUR 50 million year over year. Orders Received: Increased by 3% at comparable currencies. New Building Solutions Sales Decline: 5.2% decrease, mainly due to low delivery volumes in China. Services Growth: 8.6% overall increase, with over 10% growth outside China. Adjusted EBIT: EUR 347 million. Cash Flow: EUR 364 million for Q2, EUR 851 million year to date. Sales Guidance for 2025: Expected growth of 2% to 5% at comparable currencies. Adjusted EBIT Margin Guidance: 11.8% to 12.4% for the year. Warning! GuruFocus has detected 7 Warning Sign with KNYJF. Release Date: July 18, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points KONE Oyj (KNYJF) reported a 12th consecutive quarter of margin expansion, showcasing strong financial performance. The company achieved nearly 20% sales growth in its Modernization segment, indicating robust demand and execution. Service business outside China developed well, with over 10% growth, highlighting the strength of KONE's service offerings. KONE's Rise strategy is progressing well, with significant advancements in digital connectivity and field productivity tools. The company is making strides in sustainability, with 60% of equipment deliveries now equipped with regenerative drives, aiding in Scope 3 emission reduction. Negative Points Market conditions in China remain challenging, with continued pressure on pricing and margins in the New Building Solutions segment. Despite strong growth in Modernization, the high comparison point from the previous year resulted in lower order growth this quarter. The company faces a EUR50 million negative impact on EBIT due to unfavorable foreign exchange rates. Tariffs have increased business complexity in the US, impacting costs for imported goods and components. KONE's New Building Solutions sales in China declined by 5.2% due to low delivery volumes, affecting overall sales growth. Q & A Highlights Q: Can you discuss the improvements in service margins and whether this trend will continue? A: Ilkka Hara, CFO: We have good margins in Services but see potential for improvement. Our sales and operational excellence initiatives, particularly in pricing and digital services, are driving these improvements. We expect continued tailwinds from these initiatives in the coming quarters and years. Philippe Delorme, CEO: We are clear on what needs to be done and know it works. It's about scaling pricing and service operations to leverage digital technology for efficiency. Q: Regarding regenerative drives, is this an opportunity for higher value per unit? A: Ilkka Hara, CFO: Regenerative drives are a value add for customers and improve our competitiveness. They contribute to energy efficiency and are part of our commitment to reducing Scope 3 emissions. Philippe Delorme, CEO: For customers focused on energy efficiency, regenerative drives offer a 30% improvement. It's a market advantage supported by significant R&D investments. Q: Why was Modernization growth lower this quarter compared to Q1? A: Philippe Delorme, CEO: Last year's Q2 had a high growth base, impacting this quarter's comparison. Modernization includes major projects and volume business, which can vary quarter to quarter. We remain optimistic about market potential and confident in driving superior growth in Modernization. Q: Can you elaborate on the pricing environment outside of China? A: Ilkka Hara, CFO: In Modernization, pricing is stable with significant opportunities. In New Building Solutions (NBS), pricing is more stable outside China, contributing to stable margins. In Services, we see opportunities for further pricing increases by understanding customer value. Q: What is the current situation in China, and how does it affect your business? A: Philippe Delorme, CEO: The China market is split between New Construction and Modernization/Service. New Construction is down, but we see opportunities in Modernization and Service. Our team is disciplined in cash delivery and margin improvement, focusing on rebalancing towards Modernization and Service. Q: Can you provide details on the margin bridge to the 2025 guidance? A: Ilkka Hara, CFO: Our top-line guidance is 2% to 5% growth. Higher sales will provide fixed cost leverage. Services and Modernization will contribute positively to margins, despite increased R&D investments. We expect improved EBIT margins compared to last year. Q: What factors contributed to stable margins on orders this quarter? A: Ilkka Hara, CFO: We achieved record-high product cost reductions, particularly in China, benefiting other regions. While China remains competitive, margins outside China are stable, balancing the overall margin stability. Q: How is the Modernization business performing in China, and is it still the most profitable segment there? A: Ilkka Hara, CFO: We saw record growth in Modernization orders and sales in China, and it remains the most profitable segment. Partial Modernization offers higher margins, and we are strategically focusing on this area. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data
Yahoo
2 days ago
- Yahoo
Telia Company AB (TLSNF) Q2 2025 Earnings Call Highlights: Strong EBITDA Growth Amidst ...
EBITDA Growth: 6.2% overall, with strong performance in Sweden and Finland, but weaker in Norway. Free Cash Flow: SEK2.3 billion, supported by a dividend from Tet in Latvia. Leverage: Reduced to 2.09 times, aided by EBITDA growth and proceeds from the Marshall investment. Sweden Consumer Segment Growth: 2.3%, driven by strong TV performance and mobile subscriber intake. Sweden EBITDA Growth: Approximately 8%, supported by profitable growth and change program tailwinds. Finland EBITDA Growth: 10%, driven by business simplification and change program execution. Norway Service Revenue and EBITDA: Both trending down due to lower mobile wholesale revenue and broadband/TV headwinds. Lithuania EBITDA Growth: 11%, with strong service revenue growth in mobile and fixed sectors. Estonia Service Revenue and EBITDA Growth: 3% to 4%, with good cash flow conversion. CapEx: Well within the frame of less than SEK14 billion per year. EBITDA Margin Expansion: 200 basis points, in line with margin expansion goals. Operating Expenses: Declined by 5.1%, driven by the change program. Net Debt Reduction: Decreased by SEK1.5 billion, with leverage now below 2.1 times. Warning! GuruFocus has detected 4 Warning Signs with TLSNF. Release Date: July 18, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Telia Company AB (TLSNF) reported strong EBITDA growth of 6.2%, slightly ahead of expectations, driven by cost efficiencies and strong performance in Sweden and Finland. The company maintained its full-year outlook, with financials largely as expected, and reiterated its commitment to free cash flow above SEK10 billion by 2027. Telia's strategic focus on convergence is yielding results, with a 5% annual growth in average revenue per household and a reduction in churn for converged customers. The acquisition of Bredband2 is expected to strengthen Telia's consumer business in Sweden, with anticipated synergies of over SEK200 million within three years. Telia's balance sheet continues to improve, with leverage reduced to 2.09 times, supported by strong free cash flow and proceeds from divestments. Negative Points Service revenue growth was somewhat below the full-year ambition due to a slowdown in Norway, impacting overall performance. Norway faced challenges with both service revenue and EBITDA trending down, attributed to lower mobile wholesale revenue and headwinds in broadband and TV. The company anticipates a softer Q3 before growth picks up again in Q4, with Norway expected to continue facing headwinds in the near term. Telia's mobile end-user service revenue trends in Sweden, Finland, and Norway are lagging behind peers, indicating room for improvement. The company faces regulatory scrutiny for its acquisition of Bredband2, with potential challenges in obtaining competition authority approval. Q & A Highlights Q: Can you elaborate on your cost-cutting outlook and the implications of the Latvian asset sale? A: (Patrik Hofbauer, CEO) The Latvian asset sale is part of our strategy to simplify our organization, not an exit from the Baltics. We continue to drive efficiencies without a large-scale cost-cutting program like last year, but we are benchmarking to ensure competitiveness. Q: Regarding the bid on Bredband2, do you expect any regulatory hurdles, and what synergies do you foresee? A: (Patrik Hofbauer, CEO) We see Bredband2 as complementary, with low market share overlap, and expect regulatory approval. (Eric Hageman, CFO) We anticipate SEK200 million in annual synergies, split evenly between revenue and cost savings. Q: Can you explain the strong net mobile subscriber intake in Sweden and the unexpected EBITDA growth in Q2? A: (Patrik Hofbauer, CEO) The subscriber growth was due to good team performance without special campaigns. (Eric Hageman, CFO) The EBITDA growth was driven by cost overperformance in Finland and Sweden, and savings from reduced ancillary costs. Q: How do you plan to improve EBITDA growth in Q4 and into 2026? A: (Eric Hageman, CFO) We expect better Q4 performance due to continued momentum in Sweden, visibility on large enterprise projects, and pricing impacts. Finland's service revenue drag will lessen, contributing to improved EBITDA. Q: What is your strategy regarding the Bredband2 acquisition and its impact on market share? A: (Erik Strandin Pers, Head of IR) The acquisition is complementary, with Bredband2 strong in areas where we are weak. We are optimistic about regulatory approval, as the asset fits well with our strategy and strengthens our core market. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.