Lock AS/Lindorff Group: Klaus-Anders Nysteen appointed new CEO of Lindorff Group

Lindorff, the leading full-service European credit management service provider, today announces that Klaus-Anders Nysteen has been appointed CEO of Lindorff Group.

Klaus-Anders Nysteen joins Lindorff from his position as CEO at Entra ASA, one of Norway`s leading commercial real estate companies, listed on the Oslo Stock Exchange in 2014. His previous positions include Managing Director of Storebrand Bank ASA 2006-2010 and CFO of Statoil Fuel & Retail ASA, 2010-2013, where he led IPO-process when the company was listed on the Oslo Stock Exchange in 2010. Nysteen`s broad experience also includes the roles as CFO and acting CEO at Posten Norway and at Hydro Seafood, as well as different positions within the Norwegian Armed Forces.

"The Board is very pleased to present Klaus-Anders Nysteen as new CEO and we warmly welcome him to Lindorff. Klaus-Anders has a very successful track-record from companies going through phases of rapid growth and expansion and his extensive experience makes him an ideal leader to continue to building upon Lindorff`s strong foundation and the strategy going forward," says Per E Larsson, Chairman of the Board of Directors of Lindorff.

"Lindorff is a well-performing, dynamic and growing company with a strong track record in the European credit management services market. The company has strong values and a professional and competent organization. I look forward to working with new colleagues to grow and develop the business further", says Klaus-Anders Nysteen.

The current interim CEO and Board Member Peter Sjunnesson will as planned continue as Director of the Board of Lindorff when Klaus-Anders Nysteen assumes his position at the 16th of March.

Press contact:
Stig Inge Eikemo, Director of Communications
Tel: +47 900 70 384

About Lindorff
With roots back to 1898, Lindorff is today a full-service European credit management service provider. The company offers information services, payment services, invoicing services, debt collection and debt purchase. Lindorff is particularly strong in the financial industry, where it holds the leading position in Europe. Lindorff has approximately 3000 employees in 12 countries. Net revenue in 2013 was EUR 450 million (2012: EUR 425 million). The headquarters are in Oslo, Norway.

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Source: Lindorff First Holding AB via GlobeNewswire

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