Safello Group AB announced that Frank Schuil has been appointed as chairman of the board. Frank Schuil, who has expressed a wish to change his engagement with Safello to focus on strategy and less on operational matters, has now been appointed chairman for the board for the period up until the next annual general meeting. The previous chairman, Jacob Jacobsson, who resigned from his chairmanship, will remain with the board during the full term of office.

Frank has since 2013 served as a board director in Safello. He is a serial entrepreneur and keynote speaker with over 15 years of experience and has filled several advisory positions, including CityLeader for BitAngels, Senior Advisor at Centigo, Advisor at ICON Partners, and Nordic Ambassador for Innovate Finance.