The Supervisory Council of Luminor Bank AS has named Jonas Eriksson as the CFO and member of the Management Board of Luminor. Jonas Eriksson’s first day in his new position is 1st of May, 2019.

“We are very pleased to welcome Jonas to the Luminor management team. His strong background in many of the key areas in the Finance domain, as well as his understanding of strategy, regulatory issues and capital markets, makes him a very valuable addition to the management team” said Luminor`s CEO Erkki Raasuke.

Jonas Eriksson emphasized his excitement for the opportunity. “As the region’s largest local bank and with an experienced management team with the skills and determination to make Luminor excel towards their customers as well as financially, makes for a very interesting journey in the coming years” said Eriksson.

Jonas Eriksson was most recently the CEO of Procensus, a fin-tech start-up based in London. Prior to that, Jonas spent 7 years at Swedbank in various management roles, such as Head of Strategy/M&A, Head of Treasury and Head of Group Products. Prior to that, Jonas spent almost 10 years in the capital markets, primarily in equity research, working for firms like JP Morgan and Credit Suisse.

Luminor is the third-largest financial services provider in the Baltics, with ca 1 million clients, 16% market share in deposits and 22% market share in lending. Total shareholder equity of Luminor amounts to 1.8 billion euros and is capitalized at CET1 18%. Luminor’s vision is to become the best financial ecosystem for its customers.