Finnish asset manager Titanium has appointed Katarina Rosenström, its head of legal and compliance, as interim CEO following the departure of Walter Ahlström, who left last week to join DNB Carnegie Investment Bank’s Finland branch. The board has begun the recruitment process for a permanent successor.

Ahlström, in position since May 2024, leaves with the board noting: “He has played a key role in advancing Titanium’s strategy and we are on a good path from a product house to a holistic service company.” Ahlström himself added: “The journey has been great, and it will now continue in new hands.”

Rosenström—who joined Titanium’s management team in 2021 and previously led risk-management, governance, and compliance at Ålandsbanken Rahastoyhtiö—is described as “a natural choice to take responsibility for leading the company until a new CEO is appointed.”

Titanium is no stranger to executive overhaul these days. Earlier this month, the financial giant appointed Julia Dannberg as CFO and shifted former CFO Joni Niiranen to the role of CRO.

The fresh leaders enter a challenging financial backdrop: Based on Titanium's H1 2025 earnings:

• Fee income down 15.0% versus H1 2024

• EBIT down 34.0%

• Net profit down 34.8%

Looking ahead, the company is due to report Q3 2025 results on 2 December.

Given the financial pressures, the latest executive makeover brings Titanium’s ability to maintain strategic momentum and investor confidence under a sharper spotlight.

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