Stockholm-based Skandia, a subsidiary of Old Mutual plc, announced the appointment of Bertil Hult as CEO of its Nordic division, effective in the fall.
He joins the financial services company from Vinge, a Swedish law firm, where he is currently CEO. Hult will report to Skandia’s Chief Executive, Julian Roberts.
The new Nordic CEO will be responsible for Skandia’s entire portfolio of financial services businesses in Sweden, Norway and Denmark. These include life assurance, banking and private healthcare businesses.
Prior to joining Vinge, Hult was Head of Asset Management & Private Banking at Carnegie, an investment bank he joined in 1992. He also has financial services experience from his previous roles at Handelsbanken, Ovako, Swedish Match and Independent. Mr. Hult has other current directorships at pharmaceutical company Q-MED and the independent insurance adviser Sderberg & Partners. He will be resigning from the latter prior to assuming his position at Skandia.
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