Digital corporate banking solutions company CoCoNet Software announced a new CEO today. Mark Lohweber is now heading up the company, taking the reins from former CEO Björn Hassing, who will transition to serve as the company’s CTO.

Lohweber will head up CoCoNet’s board of directors, which also consists of Hassing and company CFO and COO Axel B. Wiethoff.

“In corporate banking, many banks have great potential for process and portfolio optimisation through digitalisation”, said Lohweber. “CoCoNet already offers outstanding solutions in this area. That is why I am very happy, together with Axel, Björn and the entire CoCoNet team, to be a strong partner in digitalisation for the banking sector.

Lohweber comes to CoCoNet after leading the banking business unit at IT service management company adesso for 13 years.

Founded in 1984, CoCoNet provides digital banking solutions to banks, with a customer lineup including Citi, GarantiBank, HSBC, ING, JPMorgan, KBC, and UniCredit.

At FinovateWest 2020, the company demonstrated its digital onboarding solution. The solution is tailored to corporate customers and is designed to suit the complex needs of this segment.