Carnegie established new organization

Carnegie’s new organization consists of three independent business areas; Securities/Investment Banking, Asset Management and Private Banking/Max Matthiessen. Steinar Lundström, currently Head of Carnegie Asset Management in Norway, has been appointed as new Head of the Asset Management business area.

The objective of the new organization is to create an efficient structure for growth in all business areas, while strengthening the importance of Asset Management as an independent business area.

“The change creates prerequisites for realizing our growth plans in savings, equity sales and corporate advisory services. We will be able to further strengthen the integration of Private Banking and Max Matthiessen to create the market’s strongest offering for private clients. At the same time, Asset Management is being strengthened as an independent unit,” says Mikael Ericson, President and CEO of D. Carnegie & Co AB.

Anders Onarheim is the Head of the Securities/Investment Banking business area. Christoffer Folkebo is the Head of the Private Banking/Max Matthiessen business area. Steinar Lundström, Head of Carnegie Asset Management in Norway, becomes also the new Head of the Asset Management business area.

The group management of D. Carnegie & Co AB will consist of Mikael Ericson, Anders Onarheim, Christoffer Folkebo, Steinar Lundström, incoming CFO Kristina Schauman and the Group Risk Officer now being recruited.

Carnegie’s external reporting will follow the same structure as previously, meaning the Securities, Investment Banking, Asset Management, Private Banking and Max Matthiessen business groups.

For further information, please contact:

Mikael Ericson, President and CEO, +46 8 5886 9020
Andreas Koch, Head of Communications and IR, +46 8 676 86 39


D. Carnegie & Co AB may be required to disclose the information provided herein pursuant to the Securities Markets Act. The information was submitted for publication at 10:10 on 13 June 2008.