Mads Krumhardt Enggren, the former CEO of Sweden's SEB Kort Bank, took over as CEO and Chairman of AirPlus International's management team on Thursday, the company announced.

He succeeds Oliver Wagner, who is returning to the Lufthansa Group after four and a half years at the helm of the corporate payment expert.

28 Years of Experience in the Credit Industry

The Danish economist brings 28 years of experience in the financial and credit card industry, including 20 years with SEB Kort. During his tenure, he held various senior management positions, particularly in sales and product development. He was appointed CEO of SEB Kort in 2018 after serving as Head of Corporate Segment for seven years, where he led the development of B2B products in the Nordics (Denmark, Finland, Norway, and Sweden).

New Management Team

Tove Markelin also joins the management team of AirPlus. After earning her law degree, the Finnish lawyer began her career in 2007 at the Finnish law firm Dittmar & Indrenius. She joined SEB Kort in 2014 as Legal Counsel and was promoted to Acting Head of Legal in 2021, eventually becoming Head of Legal in 2022.

These new appointments to the management team come as AirPlus transitions from the Lufthansa Group to SEB Kort Bank. As of August 1, 2024, AirPlus’s executive leadership consists of four managing directors: Mads Krumhardt Enggren (CEO), Andreas Hagenbring, Tove Markelin, and Erik Mosch.

Mosch who previously held a general power of attorney at AirPlus, has been appointed managing director.

Driving Digital Transformation

«With Mads Krumhardt Enggren and Tove Markelin, AirPlus gains two managers with extensive experience in the credit card industry. Their long-standing commitment has significantly shaped SEB Kort's development,» says Mats Torstendahl, Member of the Supervisory Board of AirPlus and Deputy President & CEO of SEB. «With this management team, AirPlus is ideally positioned to create a European market leader with global reach alongside SEB Kort and drive digital transformation in the payment sector.»