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2008-05-16 18:15:15 CEST 2008-05-16 18:16:12 CEST REGULATED INFORMATION Straumur-Burðarás Fjárfestingabanki hf. - Changes board/management/auditorsBenedikt Gíslason appointed Managing Director16 May 2008 Straumur-Burdaras Investment Bank hf. ("Straumur") has appointed Benedikt Gíslason as Managing Director and Head of Capital Markets, Proprietary Trading and Merchant Banking, including Straumur Capital Management ("SCM"). Benedikt was previously Managing Director of Capital Markets at FL Group. Prior to joining FL in April 2007, he was Managing Director of Proprietary Trading at Straumur. Other previous positions include working in capital markets for the Icelandic Investment Bank (FBA) and Íslandsbanki. Benedikt holds a CSc in engineering from the University of Iceland and is a certified stock broker. Says William Fall, Straumur's CEO: "We are delighted to welcome Benedikt back to our team. His extensive experience both domestically in the Icelandic capital market, as well as through his international activities, will add a critical dimension to our company." Says Benedikt Gíslason: "I'm very pleased to be rejoining Straumur. The Bank has come a long way in a short period of time and I believe there are many exciting opportunities for us going forward." Straumur's current Managing Directors of Proprietary Trading, Flemming Bendsen and Fredrik Sjöstrand, will continue their role within the company but will report to Benedikt in the future. For further information contact: Ólafur Teitur Gudnason Media Relations tel: +354 858 6778 e-mail: olafur.gudnason@straumur.net |
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