05 Aug2009
New CEO of Glitnir bank
Kristján Óskarsson has been hired as CEO of Glitnir bank. Óskarsson had formerly renounced his position as a member of the bank's Resolution Committee after the FME (FSA in Iceland) requested that members, who formerly held management positions within the three banks at the time of their collapse, should resign from the Resolution Committees to avoid potential conflict of interest.
Óskarsson, who has over twenty years of experience within the banking sector, has been instrumental in building up the team and infrastructure to enable the day to day operations of the old bank after its collapse. The Resolution Committee believes it to be a great asset to the bank to continue benefitting from Óskarsson's work, albeit in a different capacity.
Óskarsson, who has over twenty years of experience within the banking sector, has been instrumental in building up the team and infrastructure to enable the day to day operations of the old bank after its collapse. The Resolution Committee believes it to be a great asset to the bank to continue benefitting from Óskarsson's work, albeit in a different capacity.