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Appointment of Josefin Lindstrand to Trustly’s Board of Directors and Chair of Trustly's Global Risk Committee

Stockholm, Sweden, October 25, 2021 – Trustly, the global leader in Online Banking Payments, today announces that Josefin Lindstrand has been proposed to join Trustly’s Board of Directors. Additionally, Josefin Lindstrand has been proposed as Chair of the company's Global Risk Committee. Lindstrand will be elected to join the Trustly Board at an extraordinary general meeting on November 1st.

As one of Sweden's leading experts in corporate governance, Lindstrand joins the Board with wide-ranging experience in advising companies on issues of risk management, sustainability and compliance. In addition to her expertise in these areas, Lindstrand has an impressive track record with many years of operational experience in banking, including being a member of Citibank's Nordic management team.

In connection with the appointment, Lindstrand leaves her assignment as a member of the Board of Directors of Swedbank, whose board she was elected to in 2019. Prior to that, Lindstrand held the position of Vice Chair of Sörmlands Sparbank. 

Johan Tjärnberg, Chair of the Board of Directors of Trustly, comments: “I look forward to welcoming Josefin to the Trustly Board of Directors. Josefin has extensive industry experience from the financial services sector, and she will play a key role in strengthening Trustly as the global leader in Online Banking Payments. Additionally, as Chair of Trustly’s Global Risk Committee, I am confident that Josefin will successfully oversee Trustly’s risk management and regulatory compliance infrastructure.”

Josefin Lindstrand comments: “I look forward to being part of a company as innovative and pioneering as Trustly. Strengthened governance and risk management is critical for a company growing at this pace on a global scale, and I hope I can contribute to further improving the oversight and supporting management to continue to grow the business in a sustainable way.”

 

About Trustly

Founded in 2008, Trustly is the global leader in Online Banking Payments. Our account-to-account network bypasses the card networks, letting consumers make fast, simple and secure payments to merchants directly from their online banking accounts. With support for more than 6,300 banks, roughly 525 million consumers across Europe and North America can pay with Trustly. We serve many of the world’s most prominent merchants within e-commerce, financial services, gaming, media, telecom and travel, which all benefit from increased consumer conversion and reduced operations, fraud and chargeback costs.

Trustly has 600 employees across Europe, the US and Latin America. We are a licensed Payment Institution under the second payment services directive (PSD2) and operate under the supervision of the Swedish Financial Supervisory Authority in Europe. In the US, we are state regulated as required to serve our target markets. Read more at www.trustly.com.