Danish Nets Fires Two in Their Executive Committee

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writer icon Vera P. Jensen     Harri Rauhanummi   |   Tech     🕐 05. Nov. 2019

The Danish payment giant Nets are firing two people from their Executive Committee.

HR Director Thomas Kolber and the head of Issuer & eSecurity Services, Thomas Jul, will now both leave the company

The new changes
Nets states in a press release that the reason behind this is a “[..] clear ambition of becoming a leading player in the European payments industry. [..] To enable the next phase of the strategic journey, Nets now brings new competencies into the Executive Committee.”

Nets explains that, due to newly acquired companies, they had an internal focus on integration and decided to focus on how to integrate these changes into scalable businesses within merchant services and processing.

Next Phase
Bringing in Torsten Hagen Jørgensen, who previously has been part of Nordea's Group Executive Management in several different roles, most recently as COO and Deputy CEO, will join Nets as the new CEO of Issuer & eSecurity Services. This appointment means that Thomas Jul, who up until now has been running Issuer & eSecurity Services the past two years, is leaving Nets.

"Thomas Jul has been instrumental in installing a commercial mindset as well as a strong customer and product focus in Issuer & eSecurity Services. We are now embarking on the next phase of our journey and given his vast experience within financial services and his network and extensive knowledge about issuers across Europe, Torsten Hagen Jørgensen is the right profile to make us a leading European issuer services provider," says Bo Nilsson, CEO of Nets Group.

Having pulled in Gianluca Ventura from a previous position as Group HR Director at Vodafone, he will now join Nets as their new Group CHRO. Consequently, Thomas Kolber, who joined Nets in 2017, is leaving the company.

"With his international curriculum and vast experience within transformation and cultural change, Gianluca will be key in continuing the transformation of Nets, as we continue our European consolidation. At the same time, he will be building on the strong foundation that Thomas Kolber has created during his time at Nets, when it comes to strengthening the people agenda across the Nets Group," says Bo Nilsson and continues.

"I want to thank both Thomas Jul and Thomas Kolber for their dedication and strong contribution during their time at Nets, and I wish them both all success in the future."

The changes are effective as of today, Nets writes in their press release. Bo Nilsson will be acting CEO of the division up until Torsten Hagen Jørgensen starts as CEO of Issuer and eSecurity Services on 1st December. Gianluca Ventura will start as Group CHRO on 6th November.

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