#Sweden #EQT #Stockholm #James Yu #Executive Committee

Major Changes in EQT's Executive Committee

EQT, a leading global investment firm, recently announced key changes to its Executive Committee aimed at enhancing its operational model and client engagement. This strategic move includes the appointment of James Yu as the Head of Client Relations and Capital Raising, a role that consolidates two vital teams overseeing EQT's interactions with clients and capital market activities.

Appointing Leadership for Future Growth

James Yu, who has been with EQT since 2013 and previously served as the Global Head of EQT Capital Markets, brings a wealth of experience to his new position. Under this newly restructured committee, Yu will collaborate closely with two key divisions: Client Relations and Capital Raising, as well as Debt and Equity Capital Markets. This merger is a part of EQT's continuous effort to refine its business model, ensuring that the organization remains agile and responsive in a rapidly evolving market.

Yu’s new role marks him as the eighth member of the Executive Committee, which also includes prominent leaders such as CEO Per Franzén, Christina Drews (COO), and Kim Henriksson (CFO). Each member plays a critical role in steering EQT's corporate strategy and operations.

Departure of Key Members

In contrast, the restructuring comes with the stepping down of three other high-ranking officials: Chief Commercial Officer Suzanne Donohoe, Bahare Haghshenas (Head of Sustainable Transformation), and Ricardo Reyes (Head of Communications and External Affairs). While Donohoe will remain to support select private wealth initiatives, Haghshenas plans to depart later this year, underscoring a pivotal transition for EQT.

CEO Per Franzén emphasized that these changes were not merely cosmetic but are designed to elevate EQT’s capacity to deliver exceptional service to clients in today’s market environment. He expressed excitement about welcoming Yu to the committee, foreseeing the enhanced collaboration arising from the combined teams. “EQT is always looking to stay ahead of the curve,” said Franzén. “These changes reflect a streamlined operational model that reinforces our commitment to innovation and responsiveness.”

The Focus on Sustainability

Importantly, EQT's dedication to sustainability continues to be a foundational element of its operational strategy. Although Haghshenas departs, EQT plans to integrate sustainability expertise more closely across various investment strategies and organizational operations moving forward. This commitment to sustainable practices is expected to play a crucial role in EQT's long-term growth and client relations.

Franzén also expressed gratitude toward Donohoe, Haghshenas, and Reyes for their contributions to EQT's evolution thus far. Their expertise and vision have been integral to EQT's reputation as a leader in investment management.

Conclusion

EQT’s recent changes within its Executive Committee signify a transformative step toward simplifying its operations and enhancing client relations. With James Yu at the helm of the Client Relations and Capital Raising division, the firm is poised to deliver more innovative solutions to its clients, thereby setting a benchmark for future growth in investment strategies. As EQT continues to navigate the complexities of the market, these leadership changes serve as a testament to its ambition to refine and strengthen its operations.

For further information, Olof Svensson, Head of Shareholder Relations at EQT, can be reached at +46 72 989 09 15 or via the EQT Press Office.