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United Bankers strengthens its international sales with new appointments

UNITEDAnalyst Comment2026-10-08 08:05
Sauli VilénAnalyst
Discuss

Summary

  • United Bankers announced new appointments to enhance its international sales, with Timo Ronkainen set to lead international operations from early 2027, and Patrik Wickström becoming CEO of UB Fund Management Company.
  • Eva von Sydow and Christina Rehnberg will join the international sales team to further strengthen UB's efforts in this area.
  • UB's strategy focuses on offering its flagship products, particularly in forests and renewable energy, to international institutional investors, aiming to differentiate in these markets.
  • The company views these appointments as a strategic move to boost international sales, a key long-term value driver, despite its modest track record in this area so far.

This content is generated by AI. You can give feedback on it in the Inderes forum.

Translation: Original published in Finnish on 08/10/2026 at 06:44 am EEST

United Bankers announced on Wednesday several appointments to international sales. Timo Ronkainen, the current CEO of UB Fund Management Company, will transition to lead international operations starting from the beginning of 2027. At the same time, Patrik Wickström, current CEO of Fondita Fund Management Company, will assume the position of CEO of UB Fund Management Company. UB also announced that Eva von Sydow and Christina Rehnberg are strengthening the international sales team.

UB's playbook in international sales is very similar to the vast majority of listed peers, meaning the company offers its spearhead products to international institutional investors. In UB's case, these products rely particularly on forests and renewable energy. International growth has for some time been part of UB's strategy, but so far the company's track record in international sales has remained modest. We do, however, see differentiation potential for the company's flagship products in international markets as well. We feel the announced appointments and the strengthening of the team are a logical step to unlock this potential, as a breakthrough in international sales is one of the company's key value drivers in the long term.

United Bankers is a Finnish expert on wealth management and investment markets, established in 1986. It is one of the oldest non-bank asset managers in Finland. The Group's wealth management business includes funds, discretionary portfolio management, and structured investment products. In its funds, United Bankers specialises in real asset investment solutions, focusing on forest, real estate, infrastructure, and renewable energy. The company also provides capital markets services. United Bankers' headquarters is located in Helsinki.

Read more on company page

Key Estimate Figures05/08

202526e27e
Revenue57.265.471.6
growth-%-8.0 %14.3 %9.6 %
EBIT (adj.)16.619.822.2
EBIT-% (adj.)29.1 %30.3 %31.1 %
EPS (adj.)1.181.341.54
Dividend1.161.201.30
Dividend %6.3 %5.4 %5.8 %
P/E (adj.)15.716.814.6
EV/EBITDA10.210.79.5

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