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Carnegie: Changes in Carnegie's Group Management.


STOCKHOLM, Sweden -- Regulatory News:

Anders Onarheim, Head of the Securities/Investment Banking business area and Managing Director of Carnegie ASA Asa (ā`sə), in the Bible, king of Judah, son and successor of Abijah. He was a good king, zealous in his extirpation of idols. When Baasha of Israel took Ramah (a few miles N of Jerusalem), Asa bought the help of Benhadad of Damascus and  (STO STO Store (calculator function)
STO Société de Transport de l'Outaouais (French)
STO Strategic Technology Office (DARPA)
STO Security Through Obscurity
STO Service to Others
:CAR) in Norway, has asked to step down from his position as business area manager and member of Carnegie's group management. CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  Mikael Ericson will temporarily take over responsibility for the Securities/Investment Banking business area.

Anders Onarheim comments on his decision:

- We are experiencing very difficult market conditions characterised by uncertainty where our clients' need for advisory services advisory services

advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal
 is considerable. I have asked to step down from my role as business area manager to be able to devote my full effort to working more actively with our most important clients.

Carnegie is a leading independent investment bank with Nordic focus. Carnegie provides value-added services A value-added service (VAS) is a telecommunications industry term for non-core services or, in short, all services beyond standard voice calls and fax transmissions.  in securities brokering, investment banking, asset management, and private banking, as well as pension advisory services to institutions, corporations and private clients. Carnegie has approximately 1,100 employees in eight countries and is listed on the Nordic Exchange.

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Publication:Business Wire
Date:Sep 29, 2008
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