IAB has appointed Anders Kristensson to the position of CFO. The step comes on the tailwind of last year's acquisition by Altor Fund II, which precipitated a plan to significantly grow the company and strengthen its position in the global arena. Mr Kristensson brings significant experience to PIAB that promises to contribute heavily to this growth.
"In conjunction with ownership changes and increased ambitions for expansion and profitability, we recognized the need for a CFO," stated Jacob Tell, CEO of PIAB. "Mr Kristensson has considerable experience in multiple fields relevant to PIAB. We are confident that he will excel in this position and add great value to our company."
Mr. Kristensson has prior experience with the AGA Group in both France and Sweden, and ABB Financial Consulting. Additionally, he held the position of CFO at Cisco Photonics Sweden as well as Vice President and CFO with the Gambro Group. With a degree from University of Linkoping and studies at University in Nantes, France, Kristensson was an ideal candidate for the position, which requires expertise in the Stock Exchange environment, international business management, and mergers and acquisitions (M&A).
