Ericsson’s in-coming chief executive officer (CEO) Hans Vestberg has promoted Jan Frykhammar to chief financial officer (CFO). Frykhammar will also become executive vice president as of 1 January 2010. Frykhammar is currently head of global services business unit and senior vice president (SVP).
Frykhammar joined Ericsson in 1991 after he had earned a Bachelor of Business Administration and a degree in Economics at the University of Uppsala, Sweden. He has held various managerial positions in Ericsson, as well as with Ericsson Mobile Phones. Frykhammar was appointed SVP and head of global services in January 2008. He will remain as head of global services until a successor has been appointed.
UK firms investment in training and development will increase, on average, by a fifth in the next year, claims Robert Half recruitment after interviewing 100 financial services (FS) executives.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.