P27 Hires SEB’s Paula da Silva as New CEO

(Source: LinkedIn)

P27 Nordic Payments (P27), a joint venture initiated in 2017 by six Nordic banks with a focus on domestic and cross border transactions, announced recently Paula da Silva, currently Head of Transaction Services at SEB, a leading northern European financial services group, would take the position of CEO from Lars Sjögren, effective from January 17 2022.

Claus Richter, deputy CEO of P27, will take the interim CEO role as of October 29 until Paula joins the firm.

Paula has spent the most of her career life at SEB, for approximately 30 years, with a multitude of senior leadership roles.

“We are very pleased that Paula has accepted the position as new CEO of P27. Paula is bringing a long track record of successful transformation journeys as well as deep knowledge and vast experience in the payments, cash management and transaction banking area which will serve the phase of transforming P27 into a solid company under supervisory scrutiny, with a respected place in the financial system of the Nordic countries,” said Martin Anderson, Chairman of the Board, P27.

The latest appointment follows P27’s approval from the European Commission to merger with legacy Swedish payments provider Bankgirot, which is milestone for P27. With that, the company is moving into a new phase with focus on executing on the plans to bring the Nordic payment infrastructure to market.