Interactive
Malta – Kindred’s Stefan Lundborg resigns amid insider crime investigation
By Lewis - 4 December 2020
Stefan Lundborg has informed Kindred Group that he will resign from his role as non-executive Director at Kindred Group with immediate effect.
The resignation is related to Stefan Lundborg being investigated for insider crime by the Swedish Economic Crime Authority (SECA). Kindred does not have further information at this time and is fully cooperating with the Public Prosecutor and the SECA in their investigations.
“The resignation of Stefan Lundborg was unavoidable considering the investigation against him by the Swedish Economic Crime Authority. The Board would like to emphasise that no other representatives of the company have been served any suspicion of misconduct and neither is the company itself under any suspicion”, commented Anders Ström, Chairman of the Board at Kindred Group.
The news follows the separate and unrelated announcement earlier this week that Anders Ström will not stand for re-election at the Annual General Meeting 2021.
He stated: “Some years ago I made the promise to myself that I, before my 50th birthday, would start to disengage from the forward positions in the companies that I am invested in, and spend more time managing the investments as such and with my family. Moreover, there are also neglected friends and leisure pursuits that I wish to give more attention to.
“By informing the Nomination Committee that I will not stand for re-election at the AGM of 2021, I will thus be able to start fulfilling this promise before I turn fifty, on Friday 4.”
Chairman of the Nomination Committee, Evert Carlsson, commented: “Throughout the years, Anders Ström has been an important and inspiring asset to the board of Kindred, and he has provided it with in depth knowledge of the industry and contributed to a stable and competent board.”
Storm concludes: “Kindred has undertaken a fantastic journey during the 23 years that have passed since I founded its most well know brand, Unibet, and has developed into a great company with almost 30 million customers, 1,600 employees, and with excellent further opportunities of growth with the right strategies and focus. Hence, I look forward to taking part of such a growth in value as an owner and investor.”
