Carnegie, the Swedish investment bank recently rocked by a trading scandal, has hired a new head of asset management and private banking after the incumbent postholders resigned.

Per Axman, whose previous roles include head of private banking at HQ Bank, will replace Lars Bjerrek, head of private banking, and Niklas Ekvall, head of asset management, according to a statement by the Stockholm-based company. Axman, who also joins Carnegie's management team, is set to start on August 13.