Carnegie Established New Organization.STOCKHOLM Stockholm (stŏk`hôlm'), city (1995 pop. 692,954), capital of Sweden and of Stockholm co., E Sweden, situated where Lake Mälaren flows into the Baltic Sea. , Sweden Sweden, Swed. Sverige, officially Kingdom of Sweden, constitutional monarchy (2005 est. pop. 9,002,000), 173,648 sq mi (449,750 sq km), N Europe, occupying the eastern part of the Scandinavian peninsula. -- Regulatory News: Carnegie's (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) new organization consists of three independent business areas; Securities/Investment Banking, Asset Management and Private Banking/Max Matthiessen. Steinar Lundstrom, currently Head of Carnegie Asset Management in Norway, has been appointed as new Head of the Asset Management business area. The objective of the new organization is to create an efficient structure for growth in all business areas, while strengthening the importance of Asset Management as an independent business area. "The change creates prerequisites for realizing our growth plans in savings, equity sales and corporate 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 . We will be able to further strengthen the integration of Private Banking and Max Matthiessen to create the market's strongest offering for private clients. At the same time, Asset Management is being strengthened as an independent unit," says Mikael Ericson, President and 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. of D. Carnegie & Co AB. Anders Onarheim is the Head of the Securities/Investment Banking business area. Christoffer Folkebo is the Head of the Private Banking/Max Matthiessen business area. Steinar Lundstrom, Head of Carnegie Asset Management in Norway, becomes also the new Head of the Asset Management business area. The group management of D. Carnegie & Co AB will consist of Mikael Ericson, Anders Onarheim, Christoffer Folkebo, Steinar Lundstrom, incoming CFO See Chief Financial Officer. Kristina Schauman and the Group Risk Officer now being recruited. Carnegie's external reporting will follow the same structure as previously, meaning the Securities, Investment Banking, Asset Management, Private Banking and Max Matthiessen business groups. D. Carnegie & Co AB may be required to disclose the information provided herein pursuant to the Securities Markets Act. The information was submitted for publication at 10:10 on 13 June 2008. 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. This information was brought to you by Cision http://newsroom.cision.com |
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