Referring to the company announcements made on 29 June 2007, regarding the resignation of CEO Ali Celebi and subsequent appointment of Niels Juel Arge as interim CEO of P/F Trygd, Føroya Banki today announces the appointment of Jean Djurhuus as CEO of P/F Trygd. The Board of Directors of Føroya Banki's non-life insurance company P/F Trygd has appointed Jean Djurhuus as CEO of P/F Trygd, effective from 01 January 2008. Jean Djurhuus comes from a position as Head of Credit and Risk Management in Føroya Banki. Mr. Djurhuus has been with Føroya Banki in various positions since 1991, including Head of Corporate Banking. Further information Janus Petersen, CEO of Føroya Banki, (+298) 330 330 Jean Djurhuus, (+298) 230 431
- Change of management in Føroya Banki's subsidiary P/F Trygd Jean Djurhuus appointed CEO
| Source: BankNordik