Daniel Hummel new President of Fastator

2 October 2015

The Board has appointed Daniel Hummel as the new President of Aktiebolaget Fastator (publ). He succeeds Erika Kveldstad who has been serving as Acting President. In connection with this, Erika Kveldstad will take office in her new role as CFO. Daniel Hummel most recently worked at Swedbank where he has been the Head of Strategy for Swedbank Markets for the past two years. Prior to that, he was responsible for Swedbank’s Corporate Finance department in Sweden and the Baltic countries, and between 2011 and 2012 served as COO and Acting Head of Investment Banking Sweden at Swedbank.

“We are very pleased with the recruitment of Daniel Hummel. His many years of working in the capital markets, his experience of driving operational development and his proven, strong leadership make him the right person for developing Fastator – together with the company’s existing combined expertise – into the leading property investment company in the market,” says Mats Hulth, Chairman of the Board of Fastator.

Daniel Hummel will take office as President of Fastator on 1 December 2015.

“I am looking forward to working on this assignment together with my new colleagues. The equities market does not currently have a dedicated property investment company apart from Fastator. I am convinced that we will fulfil a key function in terms of both financing and developing companies in the property sector. I also consider Fastator to be an attractive and interesting investment alternative for both institutional and private investors. The Fastator team, the company’s network and in particular the opportunities in the property market mean that I am confident that we have a highly exciting and enjoyable journey ahead,” says Daniel Hummel, incoming President of Fastator.

For further information, contact:

Erika Kveldstad, Acting President,
tel: +46 (0) 70-339 99 99,
e-mail: erika@fastator.com

 

Fastator is a Swedish property investment company that invests in property-related companies run by entrepreneurs. The company’s share has been traded on Nasdaq First North Stockholm since 18 September 2015. The company’s Certified Adviser is Mangold Fondkommission AB, tel. +46 (0)8-5030 1550.