DnB NORD Banka
Changes on Management Board of AS DnB NORD Banka

DnB NORD Banka / 

Release of a Corporate News, transmitted by DGAP - a company of EquityStory
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One of the top priorities of DnB NORD Group is establishment of an integrated
IT organization and centralization of all systems, and right now is being
launched unified DnB NORD Group IT competence center located in AS DnB NORD
Bankas (Lithuania). 

In order to successfully commission both the core operational system and other
large-scale IT projects of DnB NORD Group as from 1 August the Management Board
member, Vice-president of AS DnB NORD Banka Gundars Andž?ns is going to proceed
to the level of DnB NORD Group assuming responsibility for development of IT
systems of the whole concern. G.Andž?ns also will take the position of the
Management Board member of AS DnB NORD Bankas (Lithuanian), thus resigning from
his duties at the Management Board of AS DnB NORD Banka (Latvia). 

As from 1 August 2009 the Management Board of AS DnB NORD Banka will be joined
by J?nis Teteris, whose scope of responsibility shall comprise activities of
Corporate Banking Department and Financial Restructuring Department. 

J?nis Teteris is employed by AS DnB NORD Banka since 1998. Within the period
from 2003 to 2006 J.Teteris was the Deputy Head of Corporate Banking
Department. Since then as of the date J.Teteris was the Head of Credit Risk
Analysis Department. 

J?nis Teteris does not own any AS DnB NORD Banka shares.

News Source: NASDAQ OMX

24.07.2009  Financial News transmitted by DGAP
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Language:     English
Issuer:       DnB NORD Banka
              
               
              Latvia
Phone:        
Fax:          
E-mail:       
Internet:     
ISIN:         LV0000101046
WKN:          
 
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