The board of Itello AB has appointed Mats Lillienberg as the new CEO from May 8th. Mats Lillienberg has over 30 years long and successful experience from product companies in the software industry serving financial institutions including the life insurance and pension sector.
“I’m very excited to be joining Itello. As a proven industry leader, Itello has developed a market leading Policy Administration solution that will help the Nordic life- and pension industry with their digitalization, says Mats Lillienberg. I’m really looking forward to working with the experienced team of employees at Itello and our well positioned customers continuing the digitalization journey.”
Prior the new position, Mats Lillienberg held different CIO and CTO positions at the telecom company Telia, applying his a broad base of leadership experience in global business and product development, driving the transformation of the service and supply chains for both B2C and B2B services. The experience from B2C is key to understanding our customers and their challenges in depth.
As CTO for Stockholm based, Front Capital Systems he soon took the position as CTO for the global Sungard Financial Systems. He held a key position during the transformation and consolidation of a vast number of products from their acquisitions strategy.
“I am very pleased that Mats Lillienberg has agreed to become CEO of Itello. He has visionary technology and operations leader skills and knows how to foster innovation and make investments that provide value for customers. We at Monterro invest exclusively in software-based product companies. Mats Lillienberg’s extensive experience and knowledge of leading product businesses in companies such as Sungard and Industri Matematik will be important in Itello’s future development and growth as a product company,” says Peter Larsson, Chairman of the board for Itello AB and co-founder of Monterro.