Håkan Berg appointed CEO of Transcendent Group Regulatory Technology

April 6, 2021

Håkan Berg, who is currently executive Chairman of the Board of Transcendent Group, will as of 1 June 2021 move to an operational role in the Group Management of Transcendent Group as CEO of the subsidiary Transcendent Group Regulatory Technology AB (TGRegtech). In his role as CEO of TGRegtech, Håkan will have overall responsibility for Transcendent Group's digitalization strategy. Given his new role, Håkan has declined re-election as Chairman of the Board prior to the 2021 Annual General Meeting.

“As executive Chairman of the Board, Håkan has since 2014 got to know Transcendent Group well and actively worked with me in the development of the company. I am very happy that Håkan has now agreed to take a more operational role in the group and drive the development of our digital strategy and our digital offering. We currently have around thirty customers who use our digital products and will now further develop our strategy within TGRegtech to enable both more efficient internal processes and an improved offering to our customers,” said Martin Malm, CEO of Transcendent Group.

“Already in the mid-90s, I was involved in implementing digital tools to improve and streamline various processes. Since then, digitization has become an increasingly important part of development. Even though a lot is happening in Regulatory Technology, it is still way behind, for example, Fintech in its development. There are fantastic opportunities to both streamline and improve many areas within Governance, Risk and Compliance, where we at Transcendent Group have just begun the journey,” said Håkan Berg.

As Håkan will devote all his time to TGRegtech, he has declined re-election as Chairman of the Board of Transcendent Group at the Annual General Meeting on 25 May. The Nomination Committee will present its complete proposal, including the election of the Board and Chairman, in connection with the notice to attend the general meeting.

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