Hamburg, January 8, 2024 – X1F, a leading European technology and management consulting company, has announced the appointment of Thomas Steiner as its new CEO. Steiner officially assumed his role on January 1, 2024, and brings with him a wealth of experience and a clear vision for the future.
Prior to joining X1F, Steiner was a partner at BearingPoint, where he oversaw the global banking and capital markets business. With his extensive knowledge of regulated markets and a strong track record in the industry, Steiner is well-equipped to lead X1F in its continued growth and development.
In his new role, Steiner will be responsible for setting the strategic direction of the company and strengthening its market position. He will also focus on building strong relationships with customers and partners to ensure that X1F’s services are aligned with their needs.
“Our goal at X1F is to provide our customers with comprehensive digital transformation solutions from a single source. Our brand promise, ‘Ex Uno Fonte’, represents this commitment. We combine the agility of a medium-sized company with the expertise of a large technology consultant to deliver tailored solutions to our clients,” explains Steiner.
Richard Lustig, Investment Director at Ufenau Capital Partners, expressed his excitement about the acquisition of Steiner and the company’s growth: “Since our investment in 2020, X1F has expanded from 200 employees to over 1,000. With Thomas Steiner on board, we are confident that X1F will continue to excel in the Financial Services and regulated customer industries.”
X1F offers a full range of technology and transformation consulting services to banks, insurance companies, industries, and the public sector. The company’s services include business process and management consulting, platform integration, data analytics, artificial intelligence, security, identity & access management, and cloud architecture and IT infrastructure.
As a holding company, X1F is majority-owned by funds of the Swiss private investor group Ufenau Capital Partners. The company has 11 corporate subsidiaries and employs over 1,000 people, generating annual revenues of more than 150 million euros. It has a global presence with 37 locations in Europe, the USA, Canada, and Australia.
For media inquiries, please contact:
Hendrik Dold
Director Corporate Communications
X1F GmbH
hendrik.dold@x1f.one
Derick is an experienced reporter having held multiple senior roles for large publishers across Europe. Specialist subjects include small business and financial emerging markets.