Euronext names new CEO of Oslo Bors

Euronext NV (EPA:ENX) has earlier today announced that the Boards of Oslo Bors VPS Holding ASA and Oslo Bors ASA have approved the appointment of Oivind Amundsen as CEO of Oslo Bors VPS Holding and Oslo Bors.

This appointment follows the resignation of Havard S. Abrahamsen from his position as President and CEO of Oslo Bors VPS Holding and Oslo Bors. Mr Abrahamsen will also step down from his position as member of the Managing Board of Euronext N.V.. The Supervisory Board of Euronext N.V. has subsequently nominated Mr Amundsen as member of the Managing Board of Euronext N.V., subject to formal appointment by an Annual Shareholders’ Meeting of Euronext N.V. and the usual regulatory non-objections.

Oivind Amundsen has been Euronext’s Head of Listing for Norway and International Listings since Oslo Bors joined Euronext in June 2019. He joined Oslo Bors in 2010 as head of the legal department and Executive Vice President responsible for Primary Markets. Prior to re-joining Oslo Bors, Mr Amundsen was a partner in the law firm Selmer working on public equity capital transactions. Before that, he was Executive Vice President of Corporate Affairs at KLP whilst he started his career as a lawyer in the legal department of Oslo Bors.

Mr Abrahamsen commented: “I accepted the role of President & CEO of Oslo Børs VPS in early December 2018, before the acquisition process had begun. The role I now have is different from what I signed up for and expected, and this is the sole reason for my resignation. Since June 2019, I have been pleased and honoured to run the initial phase of the integration of Oslo Børs VPS within Euronext. I believe that Oslo Børs VPS joining Euronext offers great prospects for strengthening capital markets in Norway and in the Nordic region. I am confident that Øivind Amundsen, with his long experience at Oslo Børs, has all the skills and energy to take the growth ambitions of Oslo Børs to the next level. I wish him, Oslo Børs VPS and Euronext all the best going forward.”

In June 2019, Euronext finalized the acquisition of Oslo Bors VPS. Under the terms of the unconditional offer, Euronext offered NOK 158 plus a fixed interest payment of NOK 3.21 per share for all issued and outstanding shares in Oslo Børs VPS not already owned by Euronext.