Company announcement no. 20 / 2009
At the extraordinary general meeting of Føroya Banki on Friday, August 21,
2009, the shareholders
• Approved the proposal from the Board of Directors to authorise the Board of
Directors of the Bank to obtain hybrid tier 1 capital according to the Act on
governmental capital infusion into credit institutions
• Adopted the proposal from the Board of Directors on re-election of the
current Board members previously elected by the general meeting; Klaus
Rasmussen, Jens Erik Christensen, Keld Søndergaard Holm and Wilhelm Eyðinsson
Petersen, to the Board of Directors
Immediately after the extraordinary general meeting the Board of Directors met
to elect its Chairman and Vice Chairman.
Klaus Rasmussen continues as Chairman and Jens Erik Christensen continues as
Vice Chairman.
The Board of Directors of Føroya Banki hereafter consists of:
• Klaus Rasmussen, Chairman of the Board
• Jens Erik Christensen, Vice Chairman of the Board
• Wilhelm Eyðinsson Petersen, Board Member
• Keld Søndergaard Holm, Board Member
• Sigmar B. Jacobsen, Board Member elected by the employees
• Olav Enomoto, Board Member elected by the employees
Yours faithfully
Føroya Banki
Board of Directors Secretariat
Bjarki Mohr Arne Mikkelsen
