Cinnober has appointed Peter Lenardos as new group CEO, effective immediately.
Lenardos has served as the Cinnober’s group CFO since June this year and was the financial advisor for Cinnober since April this year.
In his new role, Lenardos will continue to be based in Cinnober’s Stockholm and London offices.
Meanwhile, the role of group CFO is now vacant and so Lenardos will serve as acting group CFO in addition to group CEO.
Prior to Cinnober, Lenardos served as managing director for the Royal Bank of Canada’s (RBC) London office.
At RBC, he established the global market infrastructure and European diversified financials franchises and developed strong C-suite relationships across the market infrastructure and asset management sectors.
Lenardos replaces Veronica Augustsson, who has served as group CEO since 2012. Augustsson is leaving Cinnober in order to pursue other interests.
