Infinigate has appointed Steinar Østbye as its chief strategy and transformation officer (CSTO) as it continues to grow through acquisition.
He is seen by the distributor as an “important contributor” to the company’s next phase of growth, towards its €5 billion annual revenue target by 2027.
As Infinigate’s CSTO, he will lead the organisation’s transformation process to “ensure it’s tuning for maximum growth”, with emphasis on accelerating digitalisation and expanding its portfolio of cyber security solutions.
Steinar joins from Mastercard, where he led the commercial integration of the businesses acquired from Nets Group, and, latterly, global strategy development for Bill Pay.
“My experience in strategic management and business transformation will stand me in good stead to make a substantial contribution to our next phase of growth, while remaining open to new learnings in our fast-evolving landscape,” said Steinar.
Klaus Schlichtherle, CEO of the Infinigate Group, added: “Thanks to his considerable experience in strategic business planning across fast-paced, prominent organisations, he is a valuable addition to the Infinigate executive management team.”
Steinar is originally from Norway but will be based in London, UK, with “frequent travel” across the EMEA territory, said the firm.