Ali Celebi, who has been CEO of Føroya Banki's subsidiary P/F Trygd since 2005
has decided to terminate his contract with the company effecting from 1 July
2007. The reason for the termination, is that Ali Celebi and the board of
directors have not been able to agree on the future strategy of the company.
The board of directors wishes to give its thanks to Ali Celebi for his time
with the company. The two years he has worked as CEO of the company the profit
of P/F Trygd has been satisfactory.
The board of directors of P/F Trygd will now seek to find a new CEO to run the
company. Until a new CEO is found a interim CEO will run the company.
Further information
Janus Petersen, CEO of Føroya Banki, mobile (+298) 230 340
