14 May 2015

Carl Bildt appointed adviser to L1 Group Board

The LetterOne Group is delighted to announce that Carl Bildt, former Swedish Foreign Minister, has been appointed as an adviser to the LetterOne Group Board with immediate effect.

The LetterOne Group is delighted to announce that Carl Bildt, former Swedish Foreign Minister, has been appointed as an adviser to the LetterOne Group Board with immediate effect.

LetterOne is an international investment firm with widespread interests in a number of industries. The Group’s intention is to make long term large-scale investments where it believes it can generate value through the application of expertise and the provision of capital.

Commenting on Carl Bildt’s appointment, Mikhail Fridman, Chairman of the LetterOne Group, said:

"We are delighted that Carl is now an adviser to the LetterOne Group Board. As a former Foreign Minister and Prime Minister, and renowned international diplomat, he has a unique blend of skills and experiences”.

“We are pleased to have assembled a team of world-class advisers to contribute to our thinking and growth as an international business. They bring a vast breadth of experience and will make an invaluable contribution to the Group”.

Carl Bildt said,

“I am looking forward to providing advice to this world class venture. It is a pleasure to work with a group of successful and talented entrepreneurs at such an interesting time for the world economy, and at such an early stage in the development of the LetterOne.”

Notes to editors:

  1. The LetterOne Group is a global investment firm focused on the oil and gas and technology sectors.
  2. The LetterOne Group, comprising LetterOne Holdings S.A., the Group’s Luxembourg holding company, and its subsidiaries, was born from the disposal of a 25% stake in TNK-BP to Rosneft in March 2013.

Biography

Carl Bildt served as Sweden's Minister for Foreign Affairs from 2006 to 2014. He was Prime Minister of Sweden from 1991 to 1994 and leader of the liberal conservative Moderate Party from 1986 to 1999. Carl was an internationally renowned mediator in the Balkan conflict, serving as the European Union's Special Envoy to the Former Yugoslavia from June 1995, co-chairman of the Dayton Peace Conference in November 1995 and High Representative for Bosnia and Herzegovina from December 1995 to June 1997, immediately after the Bosnian War. From 1999 to 2001, he served as the United Nations Secretary-General's Special Envoy for the Balkans.

News Index