Swedish asset manager CB Asset Management announced the promotion of one of its portfolio managers to CEO.
Alexander Jansson took over the reins from founder Carl Bernadotte, who will remain at the firm as a portfolio manager. He began his new role on February 11.
Bernadotte said that Jansson’s “[familiarity] with the company, [the] clients and the portfolio management” prompted his appointment.
Jansson, who has been a portfolio manager at CB Asset since 2009, previously worked in the private equity space.
Founded in 1994, CB Asset manages three funds under the supervision of the Swedish Financial Supervisory Authority.