Press release, Stockholm, February 24th, 2020
The Board of Directors of MFEX Mutual Funds Exchange AB (“MFEX”), a leading independent fund platform, is pleased to announce the following appointments, as of February 10st, 2020*, to support MFEX during its next phase of growth.
Rene-Pierre Azria has been appointed as Chairman of the Board. Mr. Azria has been a Director of MFEX since 2018 and has been deeply involved and contributed greatly to MFEX’s growth over the past two years. Mr. Azria is an independent adviser and professional board member, with four decades of investment banking experience, including experience from IndoSuez, Blackstone and Rothschild.
Hans-Ole Jochumsen has been appointed Director of the Board. Mr. Jochumsen is Chairman of Nordax Bank, Senior Advisor to Alkymi.io (a New York-based FinTech start-up), board member of Nykredit A/S, and Member of the Advisory Board of Concordium (a Switzerland-based blockchain startup). Mr. Jochumsen has previously held several senior positions including President of Nasdaq and other regulated marketplaces, including Stockholm, New York and Copenhagen.
These two appointments will further support MFEX’s growth journey and help MFEX continue deliver excellent customer service and develop innovative value-adding services for both distributors and fund companies.
Christian Frick, Partner at Nordic Capital Advisors, says: “As majority owner, Nordic Capital is highly enthusiastic about supporting MFEX’s continued growth through the appointments of Rene-Pierre Azria and Hans-Ole Jochumsen. Rene-Pierre and Hans-Ole both have an incredible wealth of knowledge and experience from the financial services industry as well as valuable hands-on experience in building and scaling successful companies internationally. They are ideal in supporting MFEX during the company’s next phase of growth.”
He continues: “On behalf of the Board, I would also like to thank Adrian von Hammerstein for his time as Chairman of the Board and his significant contribution to MFEX’s development and growth since his appointment in 2018. Adrian has been instrumental to MFEX over the past two years during which MFEX has grown from EUR 70 to 260 billion in assets by way of several strategic acquisitions, partnerships and organic growth and become one of the largest distribution platforms.”
Phone +46 8 559 03 680
MFEX, independent experts in global fund distribution, offers a complete and fully transparent solution for fund distribution with 260 Billion EUR in assets under administration. Banks and other financial Institutions use MFEX to access the world's largest fund offering with trading, rebates, fund data solutions and due diligence services from over 960 fund companies and 72 000 funds. MFEX is active in 50 countries across 5 continents with its head office in Stockholm and subsidiaries and offices in Paris, Geneva, Kuala Lumpur, London, Luxembourg, Madrid, Milan, Singapore, and Umeå.
* The appointments will be effective at the end of the non-objection period of the SFSA.