Ferratum Oyj announced that Bernd Egger has been appointed as Chief Financial Officer for the Group, succeeding Dr. Clemens Krause, who will focus fully on his responsibilities as Chief Risk Officer of the Group. Bernd will join Ferratum on 1 August 2019 and will also be appointed as a member of Ferratum's Leadership Team with effect from the same date. Bernd is a senior executive with more than 20 years of experience in international banking, finance and corporate development, of which 15 years have been spent in leadership functions such as board member and chief financial officer roles in the banking, fintech, e-money and payments industries.

As CFO and board member of Paysafecard Group from 2008 through 2015, Bernd substantially contributed to the successful transformation of the business into a leading global online prepaid solution for customers.