FCG, a leading Nordic advisory firm providing risk and compliance services, primarily to the financial services industry, today announces that Liselotte Engstam has been appointed as Chairperson of FCG’s Board of Directors. Liselotte is a well-renowned Board professional with more than 20 years experience from senior management and international executive positions. Read our Press Release Below
Established in Stockholm in 2008, FCG is the leading Nordic specialist service provider of Governance, Risk and Compliance (GRC) services, primarily focused on the financial sector. The Company offers expertise in the form of consultancy services, outsourcing and fund administration from operations in Stockholm, Malmö, Copenhagen, Oslo and Aarhus. On the back of strong market demand, and with the successful launch of new service concepts and long-term embedded customer relationships, FCG has grown rapidly over the past years to become the largest dedicated GRC team across the Nordic region. Its high level of competency and deep expertise of regulatory frameworks, combined with a partnership philosophy towards customers, has allowed FCG to grow the customer base across all sizes and segments of the financial industry. Bridgepoint invested in the business in April 2018 to become a significant shareholder, and the Company is now embarking on the second leg of its expansion journey, including a coming geographic expansion to Finland and Germany and a broadening of the service offering.
“FCG is a value based, advisory and services company in strong expansion phase and operates within risk, governance and compliance. The segment is of growing importance in our fast changing world adapting to increasing disruptions and new regulations. I look forward to work with FCG and continue to strengthen our value propositions to customers and strengthen and expand our operations” says Liselotte Engstam.
Liselotte holds a Masters Degree in Engineering from Chalmers University of Technology and has a background from international leadership positions in services and technology companies as IBM and HCL, serving several industries including financial services and insurance. Liselotte holds Board positions at companies such as Tieto OY, Zalaris ASA, Aino Health AB (Chair), Transtema Group AB and at INSEADs Board Director Network. Liselotte is an advisor to organisations on digital business strategy, teaches at Chairman Programs and advices the European Commission, as part of a 12-member expert group focusing on digital transformation and corporate governance during a two year mandate. Relevant experience, energy and expertise were the main reasons for appointing Liselotte as Chair of the FCG Board:
“FCG welcomes Liselotte Engstam as our new Chairperson. She has a highly relevant background that matches our needs, and has provided valuable insights to the professional services and technology sectors in major European, American and Indian companies, as well as acted as an advisor to the EU-commission when it comes to digitialization. Liselotte’s experience will be very valuable to FCG, as she will provide hands-on support to implement our plans for continued growth and international expansion”, says Kristian Bentzer, Group CEO of FCG.
“Liselotte brings deep and wide-ranging experience from operational and Board roles across the services and technology sectors,” says Johan Dahlfors, partner at FCG:s majority shareholder Bridgepoint and Board member of FCG. “We strongly believe that Liselotte’s experience from working with international companies that combine advisory and outsourcing services with technology to create efficient and compliant business processes, will be highly relevant för FCG and our customers going forward.Liselotte will provide an external perspective to the Board as well as new experiences and a long track record of successful development of medium-sized, growth companies. In addition, Liselotte is actively engaged in topics around innovation and digitalization at Board level – something very important in an ever-changing world.”