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UNQUOTE
  • Nordics

Marie Reinius resigns as head of SVCA

  • Karin Wasteson
  • 25 March 2013
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Marie Reinius has resigned as head of the SVCA, while Segulahт€™s Gabriel Urwitz is set to take over as new chairman of the organisation.

Reinius, reflecting on her time at the helm of the SVCA, said:"It's been an interesting time with challenges from the start as the Lehman collapse happened two weeks into my new job. I've put in a lot of effort, with regulations and lobbying in Europe. Domestically I'm most satisfied with the new perception of the industry among the political parties and influential stakeholders."

She added: "Everyone is now aware that private equity stands for active ownership. It's been a great time during these five years and as SVCA enters another phase I wish the new CEO the best of luck."

Urwitz is set to be elected at the board meeting on 12 April. The recruitment process for a new CEO has already started. Isabella de Freudis, who is head of communications at SVCA, is acting as interim CEO.

On the SVCA's future direction, Urwitz said: "We have a responsibility to explain how important the role of private equity is, and how we work within the Swedish economy to society at large, and this is something I personally would like to focus on."

Reinius told unquote" she might look to start her own business in the future.

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