FREDRIK Wäppling has been appointed new CFO for Azelio, a Swedish company specialising in thermal energy storage.

Wäppling will join Azelio’s Executive Management Team and replaces current CFO Kennet Lundberg. He has previously held leading roles in finance and has run projects in financing and capital raisin g at the Allgon Group, iZettle, Mycronic, Bravida and Preem, among others. Azelio is in a commercialisation phase with several recently signed MoUs, first customer installation planned for Q4 2020.