Straumur appoints Stephen Jack as Chief Financial Officer
LONDON – Straumur has appointed Stephen Jack as Chief Financial Officer. He will report to William Fall, Chief Executive Officer, and be a member of the Senior Management team. He will be based in London.
Straumur’s goal is to build the leading investment bank servicing clients in Northern and Central Europe and this appointment significantly strengthens its operating platform.
William Fall, Chief Executive Officer of Straumur commented: “In order to support our business growth across increasingly complex products and multiple locations, it is vital that Straumur has a strong and more consistent operating platform.
We aim to develop a leading market reputation for good business practices with a clean regulatory record, more transparency in our financials and more detailed investor reviews. I believe that Stephen’s long and extensive experience in some of the world’s leading financial organisations will help us achieve our goals and improve our service to both shareholders and clients alike. I am delighted to welcome him to the team.”
Between 2004 and 2006 Jack was Group Finance Director of Collins Stewart Tullett plc. Before that he spent three years as CFO at Tullett & Tokyo Liberty plc and two years as Global CFO at ING Barings. Prior to that, Jack had a 13 year career at Dresdner Kleinwort Benson where he held a number of senior finance positions.
For further information, please contact:
Rhiannedd Brooke, Head of International Media Relations
Corporate Communications
rhiannedd.brooke@straumur.net
Tel: +44 7903 419 770
Notes to Editors
About Straumur
Straumur (STRB) is a Northern and Central European investment bank offering a complete range of integrated financial services focusing on small and medium sized companies, institutional investors and individuals. The services provided include capital markets, corporate finance, debt finance, and asset management.
Headquartered in Reykjavik, Straumur is Iceland's largest pure-play investment bank and the sixth-largest company on the OMX Nordic Exchange in Iceland. It has a market capitalisation of €2.35 billion, total assets of €6,886m as at the end of Q3 2007 and a long-term investment rating of BBB- from Fitch. Through organic growth and strategic acquisitions, the Bank has established operations in ten countries including the UK, Denmark, Sweden, Finland and the Czech Republic and now employs 450 people. Straumur is rapidly delivering against its objectives to become the leading investment bank in Northern and Central Europe. www.straumur.net