General counsel | AB Traction
Carl Östring
General counsel | AB Traction
General counsel | Traction
‘I have a very unique role, combining general counsel and investment management [work] with board directorships’ explains Carl Östring, the current general counsel of Traction, a Swedish investment firm that...
Under Carl Östring’s leadership, the legal department has developed the support it provides to AB Traction, a publicly traded investment company, and its subsidiaries. Acting for the company’s subsidiary boards, Östring works closely with the CEOs and utilises his expertise in corporate and contact law, corporate governance and commercial litigation by educating the key individuals in the company who act as drivers of change. ‘I need to identify people who will not only ask me questions, but who are willing to learn and help me improve the day to day business’. Demonstrating his ability to work on big deals concurrently, in spring of 2015 Östring was involved in the restructuring of BE Group AB, an on-going listing of Nilorngruppen AB and a bid for Partnertech where AB Traction is one of the major shareholders and potential sellers. Östring also has a working knowledge of five languages including English, French, Russian and Spanish as well as Swedish.