Benedikt Gíslason, managing director of proprietary trading has resigned and will leave Straumur in October 2007. Flemming Bendsen has joined proprietary trading. Flemming has worked in London and Scandinavia for over 20 years in proprietary trading, most recently as the head of Scandinavian proprietary desk at JP Morgan in London. Fredrik Sjöstrand has joined proprietary trading. Fredrik has 20 years experience in proprietary trading, in Sweden, Luxembourg and London, and his last two roles were Head of Trading at Svenska Handelsbanken, Stockholm, and Head of Risk Management. Lars Bo has joined proprietary trading, he has over 20 years experience in mortgage bond trading and was head of trading at Nykredit, Copenhagen.
- Benedikt Gíslason, managing director of proprietary trading has resigned
| Source: Straumur-Burðarás Fjárfestingabanki hf.