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New CEO at Landsbanki Luxembourg S.A.   22.6.2004 12:12:03
News categories: Corporate news      Íslenska  English
Gunnar Thoroddsen has been recruited to the position of CEO at Landsbanki Luxembourg S

Gunnar Thoroddsen has been recruited to the position of CEO at Landsbanki Luxembourg S.A., commencing 1st July 2004.  At the same time the temporary recruitment agreement of Tryggvi Tryggvason, the current CEO will expire, and he will return to work in International Banking at Landsbanki in Reykjavik


Gunnar Thoroddsen is a thirty four year old lawyer, with a master’s degree from Duke University in North Carolina, USA, and an MBA from Reykjavik University.  Gunnar has been working as the MD of Hömlur, a subsidiary of Landsbanki, and as the head of Debt Recovery.  In 1995-1997 Gunnar was employed as the CEO of Lögheimtan hf. and Intrum Justitia in Iceland.  Following his graduate studies in the US in 1999 he worked as a lawyer at OZ hf, and as the CEO of Fjárstoð ehf from 2001 to 2003.   Gunnar is married to Audur Stefánsdóttir, head flight attendant at Icelandair and they have three children.


As the Group CEO´s of Landsbanki and Landsbanki Luxembourg S.A. Board of Directors welcome Gunnar to his new position, they also express thanks to the departing CEO, Tryggvi Tryggvason, for a job well done in Luxembourg.  Tryggvi will be entering into important projects in Landsbanki’s International Banking some of which are related to international expansion of Landsbanki.


Landsbanki Luxembourg S.A. is an independent wholly-owned subsidiary of Landsbanki.  Landsbanki Luxembourg S.A. offers private clients extensive financial services in asset management and private banking.  The Bank also offers specialised corporate services.  Currently the Bank employs thirty people, half of which are Icelandic.  The operations of the Bank have so far been successful and it is expected that the Bank will play a key role in Landsbanki’s ongoing international diversification.


For further information, please contact: Sigurjón T. Árnason or Halldór J. Kristjánsson, CEO´s and GM´s, tel: +354 560 6110.