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Komplett Bank has appointed Øyvind Oanes as the new head of the listed company. He thus takes over the top job after Jan Haglund resigned earlier in June.
Oanes will take up the position on 1 October this year. Until then, it is Eirik Holtedahl who is interim top manager in the consumer loan bank.
– The board is very pleased to announce that Oanes has accepted the job as head of Komplett Bank. Øyvind has built up a solid CV in the banking industry. In addition to top operational jobs, he has extensive experience from various board roles in Norway, including Monobank and Brabank, says Komplett Bank chairman Stig Eide Sivertsen in a stock exchange announcement.
Oanes currently lives in Switzerland, and comes from his job as head of 4finance, a digital consumer bank. He is also a partner in the consulting firm Exton Consulting.
Sold all the shares for 313 mill.
Komplett Bank is listed on the Oslo Stock Exchange at a market value of NOK 1.6 billion. On Wednesday, the share rose 0.34 percent to a closing price of NOK 8.77.
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Last autumn, the long-standing major shareholder Stein Erik Hagen sold all his shares in the consumer loan bank. The buyer was an investor Christen Sveeas, and the sum he paid was NOK 313 million.
Sveeas is the largest owner of Komplett Bank today.
It was in the autumn of 2017 that Komplett Bank was out to raise fresh money ahead of its listing. The Hagen family was already the largest owner through Komplett as. To maintain its ownership interest in approximately one-fifth of the company, Hagen subscribed for new shares – at a price of NOK 18.50.
In total, Hagens Komplett subscribed for shares worth NOK 85 million.
The first two weeks on the stock exchange looked promising, but the rest has been a sad chapter. Since the start of 2018, the share has fallen over 50 percent on the Stock Exchange.
Profit increase in the first quarter
When the company presented results for the first three months of the year in mid-May, the quarterly accounts showed a profit before tax of NOK 83.7 million of income of NOK 255.8 million.
It was an improvement from the same period last year where profit before tax was NOK 61.4 million of income of NOK 290.6 million.
The bank’s lending shrank. Net lending fell by NOK 319 million from the turn of the year to the end of the first quarter. Adjusted for currency effects and so-called forward flow effects, net lending fell by NOK 62 million.(Terms)Copyright Dagens Næringsliv AS and / or our suppliers. We want you to share our cases using a link, which leads directly to our pages. Copying or other use of all or part of the content may only take place with written permission or as permitted by law. For additional terms look here.
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