Klarna Bank AB’s former chief operating officer was forced to leave his post at the helm of one Sweden’s biggest online savings platforms having held the post for less than a week.
Stockholm-based Avanza Bank Holding AB is now looking for a new chief executive officer after withdrawing its “suitability assessment” for Knut Frangsmyr, an 11-year Klarna veteran who started his new position on Nov. 6, according to a statement late on Monday.
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