Emil Folkesson Appointed New CFO for Northmill

The Stockholm-based fintech bank Northmill has appointed Emil Folkesson as its new Chief Financial Officer (CFO). Emil brings extensive experience from senior financial and investor relations roles at prominent Nordic companies, including Intrum and Ratos, and will play a central role in Northmill’s continued growth journey.

In his previous roles, Emil Folkesson has led strategic initiatives within, among other things, capital acquisition, implementation of growth strategies, and funancial restructuring, often in a listed environment. He now becomes the CFO for Northmill, one of Europe’s fastest growing banks, which doubled its turnover from 2019 to 2023. The Stockholm-based company caters both to private individuals and businesses, with operations in a total of four countries.

“Northmill’s journey has been nothing short of impressive. I was eager to join a fast-growing, profitable bank that delivers next-generation products to improve customers’ financial lives. I look forward to collaborating with my team and the organisation to deliver on Northmill’s ambitious growth agenda. The widespread enthusiasm and forward-thinking spirit here is truly inspiring. I’m excited to contribute to this next phase of development,” says Emil Folkesson.

Emil has previously held roles at Intrum, including interim CFO and head of IR, and Ratos, two listed financial companies with a strong market footprint. Earlier in his career he worked at Nordea Markets as an analyst, and in business development and nance at Scania, one of the world’s leading truck and bus manufacturers. Northmill’s new CFO has thus had time to gather broad experience in strategic and operational nance.

“Emil’s competence, experience and personality make him an ideal match – both strategically and culturally – to help drive the growth journey we are on, alongside me and our fantastic team,” says Julie Chatterjee, CEO of Northmill. Chatterjee took office as the new CEO of the technology-driven Swedish bank earlier this fall.

Northmill offers a wide range of financial products and services, including payment cards, savings accounts and lending solutions for private individuals, as well as lending, real-time payments and cash systems for companies. On December 3, it was reported that Northmill became the rst Swedish bank to offer payments through RIX-INST, the Swedish Riksbank’s new infrastructure for real-time bank payments.