Author: PCN

fintech fintech europe payments

Nets makes changes to the Executive Committee

1st November 2019 – The payments industry is undergoing heavy consolidation and internationalisation. Nets is actively taking part in this development with the ambition of building a leading European payments player. Recently, several newly acquired companies have been integrated into the group, and Nets has decided to focus on and invest into its strongholds and scalable businesses within merchant services and processing.

To enable the next phase of the strategic journey, Nets now brings new competencies into the Executive Committee.

Torsten Hagen Jørgensen will become the new CEO of Issuer & eSecurity Services

Torsten Hagen Jørgensen will join Nets as the new CEO of Issuer & eSecurity Services. Since 2011 and until recently, Torsten has been part of Nordea’s Group Executive Management in several different roles, most recently as COO and Deputy CEO. The appointment means that

Thomas Jul, who has been heading Issuer & eSecurity Services the past two years, is leaving Nets.“Thomas Jul has been instrumental in installing a commercial mindset as well as a strong customer and product focus in Issuer & eSecurity Services. We are now embarking on the next phase of our journey and given his vast experience within financial services and his network and extensive knowledge about issuers across Europe, Torsten Hagen Jørgensen is the right profile to make us a leading European issuer services provider,” says Bo Nilsson, CEO of Nets Group.

Gianluca Ventura will become the new Group CHRO

Gianluca Ventura will join Nets as the new Group CHRO. He comes from a position as Group HR Director at Vodafone that he joined fifteen years ago at the beginning of their international expansion, and he has played an essential role in several waves of transformation. Consequently, Thomas Kolber, who joined Nets in 2017, is leaving the company.  “With his international curriculum and vast experience within transformation and cultural change, Gianluca will be key in continuing the transformation of Nets, as we continue our European consolidation. At the same time, he will be building on the strong foundation that Thomas Kolber has created during his time at Nets, when it comes to strengthening the people agenda across the Nets Group,” says Bo Nilsson and continues: “I want to thank both Thomas Jul and Thomas Kolber for their dedication and strong contributions during their time at Nets, and I wish them both all success in the future.”


The changes take effect from today. Until Torsten Hagen Jørgensen starts as CEO of Issuer and eSecurity Services on 1st December, Bo Nilsson will be acting CEO of the division. Gianluca Ventura will start as Group CHRO on 6th November.

About the Nets Group

At Nets, we see easier payment solutions as the foundation for growth and progress – both in commerce and society. The Nets Group, which employs 3,500 people, helps hundreds of financial institutions, and hundreds of thousands of businesses and merchants in Europe make tomorrow a little easier for their customers while delivering unrivalled security and stability. Powering a tomorrow that’s easier than today. This is what drives us.

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