Cinnober has appointed Peter Lenardos as the new CFO for the Cinnober Group.
Lenardos will be based in both Cinnober’s London and Stockholm offices.
The change in management comes after current CFO Ninni Pramdell announced her intentions to leave the company for other opportunities.
Lenardos has experience in the financial sector as both an investment banker and research analyst.
Since April this year, Lenardos has been senior financial advisor to Cinnober, and previously held the position as a managing director in the Royal Bank of Canada’s (RBC) London office.
He has also held other financial and management positions in both the US and European finance industries.
Veronica Augustsson, CEO of Cinnober Group, said: “Peter Lenardos has unique experience, knowledge and a broad network within the international finance industry. He brings a lot of value to our business, both for the investor community as well as the customer base.”
She added: “Coupled with his deep financial and accounting skills, this means that he is well suited to take on the role of the group's new CFO and we are very pleased to have him join the management team.”
Augustsson concluded: “I would like to thank Ninni Pramdell for her time at the company. She has contributed strongly to a further developed and well-functioning financial and accounting function. We wish her all the best in her future challenges.”
