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Sweden's Cinnober Financial Technology makes 3 executive appointments

Cinnober Financial Technology made three appointments to its management team to focus on organic growth.

The firm promoted Fredrik Nihlén to group CFO, replacing Peter Lenardos, who was appointed group CEO in August. Nihlén was previously vice president of finance.

John Yonker was promoted to CEO of Cinnober's Simplitium unit, where he was previously COO. Patrick Tessier was appointed CEO of another unit, Minimum, which he joined as COO in February 2017.