Managing Director appointed

Nordic Bond Pricing AS, established by Norwegian Trustee (Norsk Tillitsmann ASA) and the Norwegian Fund and Asset Management Association (Verdipapirfondenes forening), has appointed Vegard Annweiler (43) as Managing Director.

Annweiler has an MBA with a specialisation in finance, and leaves a post in Storebrand Investments where he was responsible for the valuation of financial instruments. His previous work includes extensive experience from the Oslo Stock Exchange.

"We are extremely happy to have acquired one of the best people in the market in the field of financial instruments appraisal to lead Nordic Bond Pricing. This will ensure the company's future ability to deliver high-quality independent bond pricing to its customers. It also paves the way for us to further develop the company's product range - for example by including indices," says Jan Pollestad, Chairman of the Board of Nordic Bond Pricing.

The bond market is showing strong growth and it is anticipated that the market for corporate bonds will develop in the time to come. This will entail a steady increase in the work carried out by the investor communities on pricing bonds. Nordic Bond Pricing will make this work easier for them.

"Through the establishment of Nordic Bond Pricing, Norwegian Trustee and the Norwegian Fund and Asset Management Association want to create a company that can provide a clearer picture of bond market prices, thus contributing to developing this market further. I am pleased to have been given the opportunity to participate in building up Nordic Bond Pricing from the very start," the newly-appointed Managing Director, Vegard Annweiler, tells us.

Nordic Bond Pricing will be recruiting more employees in the time ahead. Initially the company will work on acquiring expertise in the field of system-oriented solutions and data management. The newly-established company thus aims to have a small but competent organisation in place for its start-up in early autumn.

If you have any questions, please contact:
Jan Pollestad, Chairman of the Board, 917 13 823