Press

“I am very glad that Øyvind M. Jensrud has decided to join the Lindorff team”, says Urs Baumann, CEO at Lindorff Group. “Jensrud has wide experience within finance, business management and from former positions at leading international companies. His qualities will be much appreciated and we are looking forward to have him on board”, says Baumann.

Before joining Lindorff, Øyvind M. Jensrud worked as Advisor within corporate finance at the Norwegian investment bank Orion Securities. Prior to Orion Securities, Jensrud was holding various board positions, he is a former CFO at the shipping and investment company Dyvi AS, and had several leading positions at Telenor and Dyno Industries.

“I am exited joining Lindorff. Lindorff stand out as a professional and thrilling company in an exciting industry. Both internal and external Lindorff is seen as a highly professional participant and maybe the best in the business and the foundation to form a big international company is solid. I believe I can supply overall experience in a challenging internationalisation process” says Øyvind M. Jensrud.

Øyvind M. Jensrud holds an MBA from BI, Norwegian School of Management and an MBA from IMD Business School in Lausanne, Switzerland.

About Lindorff:
Lindorff Group is a leading outsourced receivables management provider in Europe, and one of the leading on a global basis. Lindorff posted revenues of over MEUR 349 million in 2007 (proforma) and has approx 2000 employees in Norway, Denmark, Sweden, Estonia, Latvia, Lithuania, Russia, The Netherlands, Finland and Germany. Lindorff has a lot of experience with industries such as banking, finance, insurance, telecom, utilities and credit trade.

Contact:
Arve Paulsen, Senior Vice President, Group Communications, Lindorff Group
E-mail: arve.paulsen@lindorff.com, mob. +47 90117005

Øyvind M. Jensrud, Chief Financial Officer, Lindorff Group
E-mail: oyvind.jensrud@lindorff.com