CFO Frank Johannesen extends with Sparebanken Vest

24 Oct 2024 08:30 CEST

Frank Johannesen was originally due to retire in July 2024 according to the
current pension agreement, but has remained in the position through the planning
of the merger process between Sparebanken Vest and Sparebanken Sør.

Frank Johannesen will step down from his role as CFO at Sparebanken Vest on 1
May 2025, and continue in a part-time position as strategic advisor to CEO Jan
Erik Kjerpeseth throughout 2025.

Frank Johannesen has been an employee of the bank since 1985 and has held many
different roles in Sparebanken Vest, including CFO, Executive Vice President
Risk Management (CRO) and Executive Vice President for Retail and Corporate
Markets.

A new CFO will be announced when the new Group management of Sparebanken Norge
is announced during the first quarter of 2025.

For further information, please contact:
• Jan Erik Kjerpeseth, CEO, tel.: (+47) 951 98 430
• Frank Johannesen, CFO, tel.: (+47) 952 65 971
• Hanne Dankertsen, Director Communications, tel.: (+47) 994 49173

Sparebanken Vest is Norway's second largest savings bank with approximately 800
dedicated and skilled employees. Since 1823, we have built up the trust of
Western Norwegians, which means that we have a solid market position. We are
present in 36 locations in Vestland, Rogaland and Møre og Romsdal. Through our
affiliated product companies, we are a complete financial house for all our
personal and corporate customers. We are proud to be an independent financial
group headquartered in Bergen with a central role in much of the value creation
that takes place in Western Norway.    
  
This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.   

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