SIG chief executive Bolmstrand steps down

clock

Skandia Investment Group's chief executive Nils Bolmstrand is stepping down from his role a year after taking the reins from Jamie MacLeod.

Bolmstrand will remain with the company but will be based in Stockholm working for the Skandia Nordic business as head of product. The group says the move is for personal reasons, and will mean Bolmstrand has to travel less frequently. Chief operating officer Mark Bulstrode will take over as acting CEO at the end of this year until a permanent replacement is appointed. Bob Head, CEO of Old Mutual Wealth Management says: "Nils has played a key role in the formation and growth of SIG over the past few years and we respect his decision to return to Sweden. "SIG has had a very goo...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Brooks Macdonald suffers £600m net outflows amid 'challenging' economic backdrop

Brooks Macdonald suffers £600m net outflows amid 'challenging' economic backdrop

Model portfolio service brought in £388m for the group

Sorin-Andrei Dojan
clock 12 September 2024 • 2 min read
Partner Insight: Is the Japanese yen making a comeback?

Partner Insight: Is the Japanese yen making a comeback?

Recent volatility has shown the impact that currency movements can have on financial markets. Late July, Orbis Investments, wrote about currency risk, and in particular, the prospect for a strengthening yen.

Orbis Investments
clock 12 September 2024 • 4 min read
Partner Insight: Does technology really make investment simpler?

Partner Insight: Does technology really make investment simpler?

How outsourcing and the latest AI tools allow advisers to focus on what matters: the client

Ilana Miller, investment development director at Royal London
clock 11 September 2024 • 2 min read