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Inside information: Morten Thorsrud to succeed Torbjörn Magnusson as CEO of Sampo Group
Globenewswire·2025-06-18 06:20

Core Insights - Torbjörn Magnusson will retire as CEO of Sampo Group, with Morten Thorsrud appointed as his successor effective October 1, 2025 [1][3] - Magnusson will remain with the group as a Senior Advisor until December 31, 2025, and has been credited for leading a successful strategic transformation [2][4] Leadership Transition - Morten Thorsrud has been with Sampo for 23 years and has significantly improved If P&C's performance as CEO [3] - The appointment of Thorsrud is seen as a move towards continuity and operational excellence within the company [3] Strategic Context - The strategic transformation of Sampo is complete, and the company is in excellent condition, presenting a compelling set of opportunities for future growth [2][4] - Magnusson expressed confidence in Thorsrud's ability to lead Sampo Group effectively [4] Thorsrud's Vision - Thorsrud aims to maintain a customer-centric approach and operational excellence, building on his previous successes at If P&C [5]