Vidar Andersen new head of Shanghai branch

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DnB Nor has appointed Vidar Andersen as the new head of its[ds_preview] Shanghai branch succeeding Espen Lund who has returned to the bank’s headquarters in Oslo after an eight year stint as China country head. Lund is taking up a position in the management team of the International Corporates and Institutions Division with a particular responsibility for customers doing business in Asia.

»China continues to be a very important market for the bank in terms of our overall growth strategy in Asia and I wish to help to promote DnB Nor as a key player in Shanghai’s plan to become the leading international financial centre as well as an international shipping hub by 2020», Vidar Andersen said. Before taking up his new role, he led the bank’s corporate unit as Vice President of the Energy, Trade & Industry division in Shanghai.