“As MPI prepares for the demerger from Schibsted and listing on the Oslo Stock Exchange, Uvashni Raman will bring both sector experience and functional expertise to the MPI executive team,” said Rolv Erik Ryssdal, CEO of MPI. “With more than a decade of experience as a finance executive, as well as a collaborative and a people-centric leadership style, she will ensure our new company is set up for success.”
Schibsted will spin off MPI (provisional name) as a stand-alone company, and aiming for first day of trading on the Oslo Stock Exchange 10 April 2019. MPI will consist of a strong portfolio of online classifieds sites in 16 countries. As a standalone company, MPI will a global leading online classifieds pure player, dedicated to providing perfect matches on trusted marketplaces.
Raman is an experienced finance leader, with experience from establishing strong finance operations in growth businesses. She comes from the position of CFO of the Video Entertainment segment of Naspers Holding, where she was responsible for all elements of the finance function as well as strategy and business development, procurement, IT, and investor relations. Previously she had a leadership role on the project to demerge South32 from BHP into a new company.
“I’m excited to join an amazing team and company at such a crucial juncture in its journey,” said Raman. “I am honoured to be given the opportunity to contribute to MPI’s future, and together I know we will thrive on the brilliant platform the team has already built.”
Borja de Muller, who has been acting as interim CFO since March 2018, will resume his previous role as Head of Business Controlling of MPI, continuing to play a key leadership role in the MPI finance function going forward. Susanna Grill, the previous CFO for the Schibsted Marketplaces division, has recently returned from parental leave in a new role as CFO for Schibsted Next.
Cassandra Lord, Director of Communications, MPI
+44 07809 214 347
Schibsted Media Group is an international media group with 8000 employees in 22 countries. Millions of people around the world interact with Schibsted’s popular digital services through our media houses, our digital marketplaces and our growth companies. In 2019, our Marketplaces operations outside of the Nordics will be spun off and established as an independent, listed company. Schibsted will continue to be a company of leading digital consumer brands with a footprint in the Nordics.