Tom Theobald is poised to assume the role of CEO of Luxembourg for Finance from 1 September 2024.

Luxembourg for Finance, the agency promoting the Grand Duchy's financial sector, on Monday announced that Theobald will succeed Nicolas Mackel as the new CEO. Theobald will take on this new responsibility on 1 September while Mackel is set to become Luxembourg's new Ambassador to the EU in Brussels.

Theobald was previously deputy CEO of Luxembourg for Finance and in charge of financial development at the Ministry of Finance.