SpareBank 1 SR-Bank ASA

06/18/2024 | Press release | Distributed by Public on 06/18/2024 02:45

This is the group management of SpareBank 1 Sør-Norge

This is the group management of SpareBank 1 Sør-Norge

18 Jun 2024 10:45 CEST

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Issuer

SpareBank 1 SR-Bank ASA

SpareBank 1 SR-Bank and SpareBank 1 Sørøst-Norge are working towards a merger on
October 1, and the group management for the SpareBank 1 Sør-Norge is now ready.

The merger is dependent on necessary regulatory approvals.

The organization of SpareBank 1 Sør-Norge is designed to help the group to
achieve its strategic ambitions. The group management has a clear business
focus, which is intended to be sustainable over time and help the company
strengthen its position in the market. Additionally, the subsidiaries in
SpareBank 1 Sør-Norge will have a central role in the new structure, to ensure
comprehensive thinking and responsibility within the group.

"SpareBank 1 Sør-Norge aims to become the leading relationship bank for people
and businesses in the region. Therefore, we are sharpening our focus in four
customer divisions, 'Retail Market', 'Corporate Market and Agriculture', 'Large
Corporates', and 'Private Banking'. A strong organization will position us to
create market-leading growth, comprehensive customer experiences, a good
customer offer, and an efficient and trustworthy customer dialogue," says
Benedicte Schilbred Fasmer, CEO of SpareBank 1 SR-Bank.

The group management will assume their new roles from October 1.

"Leading up to the merger, the current group management in SR-Bank and
Sørøst-Norge will continue as before, while the new group management will begin
organizing their divisions and leadership teams," says Per Halvorsen, CEO of
SpareBank 1 Sørøst-Norge.

Group Management in SpareBank 1 Sør-Norge:

Group CEO - Benedicte Schilbred Fasmer*
Deputy Group CEO and People and Integration - Per Halvorsen
Chief Financial Officer - Inge Reinertsen
Executive Vice President Retail Market - Roger Lund Antonesen
Executive Vice President Private Banking - Lasse Olsen
Executive Vice President Corporate Market and Agriculture - Marianne Bakke
Executive Vice President Large Corporates - Tore Medhus
Executive Vice President Customer Offer, Market and Innovation - Ella Skjørestad
Executive Vice President Customer Deliveries - Tonje Stormoen
Executive Vice President Business Processes and Technology - Glenn Sæther
Executive Vice President Strategy and Group Services - Jan Friestad
Executive Vice President Risk Management - Frode Bø
Executive Vice President Compliance - Signe Helliesen

*Benedicte Schilbred Fasmer has resigned from her position as CEO of SpareBank 1
SR-Bank ASA to become CEO of Telenor ASA starting December 1. The board of
SpareBank 1 SR-Bank ASA has begun the process of finding her replacement, and
she will continue in her position as CEO in the meantime.

For more information, contact:

Benedicte Schilbred Fasmer, CEO of SpareBank 1 SR-Bank, tel. 950 60 034
Øyvind Knoph Askeland, Director of Communications, SpareBank 1 SR-Bank, tel. 922
32 639

More information:
Access the news on Oslo Bors NewsWeb site

Source

SpareBank 1 SR-Bank ASA

Provider

Oslo Børs Newspoint

Company Name

SPAREBANK 1 SR-BANK, Spb 1 SR-Bank ASA 17/29 FRN C SUB, Spb 1 SR-Bank ASA 19/25 1,95%, Spb 1 SR-Bank ASA 19/24 FRN, Spb 1 SR-Bank ASA 19/24 2,04%, Spb 1 SR-Bank ASA 20/26 1.30 per cent, Spb 1 SR-Bank ASA 20/26 FRN, Spb 1 SR-Bank ASA 21/25 1.86pct, Spb 1 SR-Bank ASA 21/25 FRN, Spb 1 SR-Bank ASA 22/28 4.60pct, Spb 1 SR-Bank ASA 19/PERP FRN C HYBRID, Spb 1 SR-Bank ASA 20/27 FRN C, Spb 1 SR-Bank ASA 21/28 FRN, Spb 1 SR-Bank ASA 21/28 2.20 pct, Spb 1 SR-Bank ASA 22/27 3.90pct, Spb 1 SR-Bank ASA 22/27 FRN, Spb 1 SR-Bank ASA 22/28 FRN, Spb 1 SR-Bank ASA 22/25 FRN, Spb 1 SR-Bank ASA 22/28 5.175pct, Spb 1 SR-Bank ASA 23/34 FRN C SUB, Spb 1 SR-Bank ASA 23/33 FRN C SUB, Spb 1 SR-Bank ASA 23/PERP ADJ C HYBRID, Spb 1 SR-Bank ASA 23/PERP FRN C HYBRID, Spb 1 SR-Bank ASA 23/PERP FRN HYBRID, Spb 1 SR-Bank ASA 24/34 ADJ C SUB, Spb 1 SR-Bank ASA 24/29 FRN, Spb 1 SR-Bank ASA 24/29 4,81%, Spb 1 SR-Bank ASA 24/34 4,35%, Spb 1 SR-Bank ASA 24/36 ADJ C SUB, Spb 1 SR-Bank ASA 24/PERP ADJ C HYBRID

ISIN

NO0010631567, NO0010802382, NO0010861073, NO0010861636, NO0010860562, NO0010907850, NO0010907843, NO0011112864, NO0011110207, NO0012708777, NO0010856164, NO0010866635, NO0010907421, NO0010968514, NO0010966237, NO0012552324, NO0012750761, NO0012755828, NO0012747866, NO0012757642, NO0012757659, NO0012839036, NO0012839028, NO0012839010, NO0012945296, NO0012945304, NO0013012534, NO0013012542, NO0013105163, NO0013150227, NO0013163477, NO0013163485, NO0013182816, NO0013190975, NO0013228429

Symbol

SRBNK

Market

Oslo BørsNordic Alternative Bond Market