AT&T Global Information Solutions has named Per-Olof Loof to head the unit that sells computer products to the financial industry.

Mr. Loof's appointment is a prelude to a restructuring of the unit that is expected to be announced later in the month.

A veteran of Digital Equipment Corp. and Arthur Andersen & Co., Mr. Loof has extensive experience in selling computer products and services in Europe. He began working at AT&T last year.

In his new position, Mr. Loof will oversee the business that provides consulting services and hardware - including automated teller machines and check processing systems - to banks.

Part of his mandate involves expanding AT&T's ability to help banks manage customer relationships.

Lars Nyberg, chairman and CEO of AT&T Global Information Solutions, said Mr. Loof's "industry knowledge and customer relationships will be a big plus as we focus our resources on continuing to grow our financial business on a global basis."

Mr. Loof, a native of Sweden, has a degree in economics and business from the Stockholm School of Economics.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.