Karl-Johan Molnes to DnB NOR Markets

Karl-Johan Molnes has been employed as a stockbroker in DnB NOR Markets. He has worked as a stockbroker in the US over the past 12 years, since 2003 for SEB Enskilda, New York.

Molnes will serve US and British clients and be based in London.

"Karl-Johan has the experience and skills that we need to succeed internationally. He has been a top player within his field for a long time and will be a great asset for DnB NOR's international initiatives," says Paal Karstensen, head of Equities in DnB NOR Markets.

Molnes will play a key role in building up DnB NOR Markets' new operations in London. The brokerage house has just opened a new department in London which will be fully operative from year-end.

"This will significantly increase our capacity within sales of Nordic equities to large European and US asset managers," says Karstensen.

In addition to Molnes, two other stockbrokers with long experience have been appointed. Johan Frösslund's most recent position was in OCM Capital Markets and the hedge fund New Generation Henderson. Christer Hagberg is leaving his position as a broker in Enskilda.

Karl-Johan Molnes has previously worked as an analyst in ABB Aros and as a stockbroker in New York for Aros Securities, Robert Fleming Inc, Nordea Securities and SEB Enskilda.

For more information, contact:

Paal Karstensen, head of Equities in DnB NOR Markets, tel. +47 99 15 03 88

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