Ferratum Oyj: Jussi Mekkonen appointed Chief Executive of Ferratum Bank p.l.c.

    Ferratum Oyj: Jussi Mekkonen appointed Chief Executive of Ferratum Bank p.l.c.

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DGAP-News: Ferratum Oyj / Schlagwort(e): Personalie
Ferratum Oyj: Jussi Mekkonen appointed Chief Executive of Ferratum Bank
p.l.c.

01.09.2017 / 10:00
Für den Inhalt der Mitteilung ist der Emittent verantwortlich.

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Ferratum Oyj: Jussi Mekkonen appointed Chief Executive of Ferratum Bank
p.l.c.

Helsinki, 1 September 2017 - Ferratum Oyj (ISIN: FI4000106299, WKN: A1W9NS)
/ "Ferratum" is pleased to announce the appointment of Jussi Mekkonen as the
new Chief Exective Officer of Ferratum Bank p.l.c., subject to MFSA
approval.

Mr Mekkonen will assume his responsibilities with Ferratum Bank from 1
November in the bank's headquarters in Malta, succeeding Ms Lea Liigus who
will continue as Head of Legal and Directors Team member for Ferratum Group,
as well as on the Boards of Ferratum Group and Ferratum Bank. There will be
no change in the position of Mr Jorma Jokela, who will continue to serve as
the CEO and member of the Board of Ferratum Group. Mr Mekkonen joins the
Ferratum Directors team from Nordea Bank AB, where he served in a number of
senior positions for 22 years. He was most recently the Executive Vice
President and Head of Personal Banking in Finland.

The appointment of Mr Mekkonen is at a time that Ferratum Group continues to
grow. Mr Mekkonen will play a key role in developing the Ferratum Mobile
Bank and its products and will be leading its expansion across further
markets in Europe.

Announcing Mr Mekkonen's appointment, Mr Jokela, Founder and CEO of Ferratum
Group said:

"I am delighted that Jussi will be joining the Ferratum family as CEO of
Ferratum Bank. He brings with him a wealth of experience and critical
knowledge of new technologies and disruptive change in banking. His track
record of driving sales and profits for his divisions is exceptional and I
am confident he is ideally placed to take Ferratum Bank to the next phase of
growth."

Jussi Mekkonen said:

"Banking is entering a new era and disruptive players like Ferratum are
taking a lead. The business has already grown around a model fit for the
future, supported by a highly competent team and long term vision. I am very
excited to be joining a company that is driving the digitial revolution in
banking and I believe my experience, in product and service development and
operative management, will help direct and guide the business to further
growth. I look forward to working with all of my colleagues at Ferratum and
the journey ahead."

Ferratum Bank as a part of Ferratum Group provides consumer loans, savings
and deposit products and other consumer and business orientated financial
products, distributed through a mobile based platform and online. It
currently provides services across 12 countries in Europe.

The Mobile Bank is a revolutionary platform that assembles customers' full
financial lives in one app. Users can access all their basic banking
services in real time in an easy, secure and mobile manner, regardless of
the place or currency. The Mobile Bank also offers a unique platform for
partners to bring added value with their services into it.

ENDS

About Ferratum Group:

Ferratum is an international provider of consumer and small business loans,
distributed and managed by mobile devices. Founded in 2005 and headquartered
in Helsinki, Finland, Ferratum is a pioneer in the fields of financial
technology and mobile lending and has expanded rapidly to operate in 24
countries. Ferratum's customers utilize digital media to apply for consumer
credit in amounts varying between EUR 25 and EUR 20,000 and small businesses
instalment loans up to EUR 100,000 with a term of six to twelve months. Led
by its founder, Jorma Jokela, Ferratum has more than 1.7 million active and
former customers who have been granted one or more loans in the past (as at
June 30, 2017).

Ferratum Group is listed on the Prime Standard of Frankfurt Stock Exchange
under symbol 'FRU.' For more information, visit www.ferratumgroup.com.

Contacts:

   Ferratum Group Jorma Jokela     European media enquiries: Edelman.ergo,
   CEO T: [phone] E:      A Daniel J Edelman Company Alexander
   [1][e-mail]    Schmidt | Andreas Martin T: +49 69 27
   1.                              13 89 26 E:
   mailto:jorma.jokela@ferra       [1][e-mail] E:
   tum.com                         [2][e-mail]  1.
                                   mailto:Alexander.Schmidt@edelmanergo.
                                   com 2.
                                   mailto:[e-mail]
   Ferratum Group Emmi Kyykkä      UK media enquiries: Smithfield, A
   Business Support Manager for    Daniel J Edelman Company Alex Simmons |
   CEO T: [phone] E:       Brett Jacobs T: [phone] | +44
   [1][e-mail]     20 3047 2537 E:
   1.                              [1][e-mail] E:
   mailto:paul.wasastjerna@fer     [2][e-mail]  1.
   ratum.com                       mailto:[e-mail] 2.
                                   mailto:[e-mail]


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01.09.2017 Veröffentlichung einer Corporate News/Finanznachricht,
übermittelt durch DGAP - ein Service der EQS Group AG.
Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich.

Die DGAP Distributionsservices umfassen gesetzliche Meldepflichten,
Corporate News/Finanznachrichten und Pressemitteilungen.
Medienarchiv unter http://www.dgap.de

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   Sprache:        Deutsch
   Unternehmen:    Ferratum Oyj
                   Ratamestarinkatu 11 A
                   00520 Helsinki
                   Finnland
   Internet:       https://www.ferratumgroup.com
   ISIN:           FI4000106299
   WKN:            A1W9NS
   Börsen:         Regulierter Markt in Frankfurt (Prime Standard);
                   Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover,
                   München, Stuttgart, Tradegate Exchange



   Ende der Mitteilung    DGAP News-Service
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