Investcorp, a provider and manager of alternative investments, has appointed Jan Erik Back as Group Chief Financial Officer. Back will join Investcorp in the summer.
Back, who has more than 30 years of industry experience, the majority of which was in senior finance roles of financial services firms including SEB (Skandinaviska Enskilda Banken AB), Skandia and Handelsbanken, most recently served as Executive Vice President and Chief Financial Officer of SEB, a leading Nordic financial services group providing retail and merchant banking, wealth management, and life insurance services to its corporate and institutional clients across international markets.
Prior to that, he was Executive Vice President and Chief Financial Officer at Vattenfall, one of the largest producers of electricity and heat and Executive Vice President and Chief Financial Officer of Skandia Group, a provider of products for savings and investments (subsequently acquired by Old Mutual plc). In these positions, his responsibilities included finance, treasury, investor relations, risk control and procurement functions. He started his career with Swedish bank, Handelsbanken, in their international finance and accounting operations.
Commenting on the appointment, Mohammed Alardhi, Executive Chairman, Investcorp, says: “We are delighted to welcome Jan Erik to Investcorp. He brings with him extensive experience of leading finance functions across the international financial services industry. This experience will be extremely valuable to ensure the first-class financial reporting standards and management that we strive for, continue to be delivered and adhered to. Together with the board and the wider executive team, I look forward to working with Jan Erik.”