New CEO at Nordic Re-Finance: Thorsten Priebe

Nordic Re-Finance freight train with green and blue locomotive crossing stone arch railway bridge over river in mountainous landscape
© Nordic Re-Finance
He replaces Sven Engquist, who will remain with the company in the role of Chairman of the Board.

Thorsten Priebe has taken over as Chief Executive Officer of Nordic Re-Finance as of 1 November 2025.

Priebe brings with him experience from several European leasing and manufacturing companies, including previous roles at ELL, Railpool and Bombardier. He is expected to focus on commercial operations, internal processes, and expansion activities.

This appointment follows other recent changes in the company’s leadership structure. Magnus Granlund became Chief Financial Officer in April 2025, transitioning from a similar position at Office Depot. Peter Ammann joined the board in September, bringing experience from Alstom and Bombardier.

The company’s ownership remains unchanged, with infrastructure investment firm Infranity continuing as the majority shareholder. Nordic Re-Finance was established in 2006 and specialises in leasing mid-life locomotives across the Nordic region and Switzerland. The company’s current portfolio includes a growing share of electric traction units.


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