Universal Music Publishing (UMP) has promoted Martin Ingestrom to a new role overseeing Sweden and the Nordic region, in recognition of his standing as one of the company's key European execs.

Ingestrom rises from managing director, UMP Sweden & VP, Nordic Countries, UMP to president, UMP Sweden & senior VP, Nordic Countries, UMP.

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The publishing veteran began his career at Chrysalis Music Publishing and Chrysalis Records in 1980. He launched MCA Music Publishing Scandinavia in 1993, before becoming managing director of Universal Music Publishing Scandinavia in 1999. Following the merger of MCA and Polygram in 2006, he was appointed managing director, UMP Sweden & VP, Nordic Countries, UMP.

Ingestrom has "been a remarkable presence for UMP in Sweden and the Nordic countries for over 20 years," comments Zach Horowitz, UMP chairman & CEO, in a statement. "During that time, he has built the company into an industry powerhouse, with signings that have achieved massive success around the globe."

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Artists and songwriters signed or directly overseen by Ingestrom include ABBA, Swedish House Mafia, Robyn, Rolf Lofland, Jorgen Elofsson, Bloodshy & Avant. Writers signed to UMP Sweden recently have written hits for the likes of Britney Spears, Katy Perry, Usher, Christina Aguilera, Icona Pop, Avicii and others.

Ingestrom is chairman of the Swedish MPA Award and on the jury for the Polar Music Prize.