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One of Kaupthing Bank Luxembourg’s two Managing Directors leaves the Bank

Johnie W. Brøgger, Managing Director of Kaupthing Bank Luxembourg, has left the Bank at his own request, to pursue other interests. Johnie Brøgger has served the Bank for nine years as Managing Director of Kaupthing Bank Luxembourg alongside Magnús Gudmundsson. Johnie will be working with the Bank until the end of January 2008. Hreidar Már Sigurdsson – CEO
”Since Johnie Brøgger joined our business in Luxembourg he has played a vital role in building it up to the successful bank that it is today. On behalf of our Bank, I would like to thank him for his contribution and I wish him all the best in his future endeavours.”