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New CEO of PayEx

The Board of directors of PayEx has appointed Linus Singelman as the new CEO for PayEx, planed from October 1st. Linus is today heading Group Commerce in Swedbank and will also, besides the role as CEO, be Head of Swedbank Pay, a business unit within PayEx.

The business in PayEx will be run in two business units under separate brands - Swedbank Pay and PayEx Ledger & Factoring. By combining expertise and resources in PayEx, we will increase our focus on our payment services to merchants and benefit from the competence and offerings in PayEx Ledger & Factoring. Raymond Klavestad, today CEO, will remain in the company as deputy CEO. Raymond will also be responsible for the business unit Ledger & Factoring.

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