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NASDAQ OMX Copenhagen A/S
The Luxembourg Stock Exchange
SIX Swiss Exchange AG
The Press 10 March 2009
Ref. LJO
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| Company release 9-2009 - Generational change in FIH Erhvervsbank A/S |
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| | Lars Johansen, the CEO of FIH Erhvervsbank A/S |
| | through 11 years is leaving his post on 30 June 2009 |
| | as part of a generational change. New CEO is |
| | Director Henrik Sjøgreen.
|
| | Lars Johansen, 63 years, joined as CEO in 1998 and |
| | has delivered excellent results all years until 2008 |
| | when FIH Erhvervsbank was also affected by the |
| | global crisis in the financial markets. Earlier this |
| | year, FIH Erhvervsbank headed by Lars Johansen, |
| | carried out a major business refocusing to ensure |
| | that the bank is stronger and ready to meet the |
| | challenges of the coming period. The work has now |
| | been completed and Lars Johansen can therefore hand |
| | over a business that has a solid platform in the |
| | market. The generational change has been planned for |
| | a time and a date has now been appointed.
|
| | The Board of Directors has appointed Henrik |
| | Sjøgreen, 44, as FIH's new Managing Director and CEO |
| | taking up the position on 1 July 2009. Henrik |
| | Sjøgreen has been a member of the Executive Board of |
| | FIH Erhvervsbank since 2002 and has previously |
| | served as Senior Executive Director as well as |
| | Executive Director and Head of Banking respectively. |
| | Henrik Sjøgreen has been employed in FIH |
| | Erhvervsbank since 1992.
|
| | FIH Erhvervsbank's annual general meeting was held |
| | today, 10 March 2009. The general meeting adopted |
| | the annual report for 2008.
|
| | Immediately following the annual general meeting, |
| | the Board of Directors met to elect its Chairman and |
| | Vice-chairman. Hans Skov Christensen was |
| | re-elected as Chairman and Gudni Niels Adalsteinsson |
| | was elected as new Vice-Chairman. The composition of |
| | the Board of Directors remained unchanged in other |
| | respects.
|
| | Copenhagen, Tuesday 10 March 2009 at 17:00
|
| | Hans Skov Christensen |
| | Chairman
|
| | For further information please contact Chairman of |
| | the Board of Directors Hans Skov Christensen on |
| | telephone 3377 3600. |
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