Åsmund Skår to head DnB NOR Houston office

Åsmund Skår. Photo Dnb Nor.

Group executive vice president Åsmund Skår (49) will step down as head of Retail Banking in DnB NOR to take over the position as head of the bank’s Houston office.

Jarle Mortensen, current head of Postbanken, will serve as acting head of Retail Banking with effect from 15 February 2009. As part of DnB NOR’s international initiatives in the energy sector, DnB NOR established banking operations in Houston in 2006. Since then, the office has shown strong financial performance and possesses extensive expertise within oil and gas-related operations.  “I have long wanted to live and work abroad and am looking forward to starting a new job within a priority area for DnB NOR,” says Åsmund Skår.   

Skår has been head of Retail Banking in DnB NOR since the merger in 2003. He was previously group director for retail operations in Gjensidige NOR and has held various other executive positions in the Group. Skår has also been employed by Statoil and Skaarfish Group. He is a graduate of the Norwegian School of Economics and Business Administration. As part of DnB NOR’s international expansion in the energy sector, the Group established banking operations in Houston in 2006. The office has built up extensive expertise, which makes it a natural partner for companies within oil and gas-related operations. The office currently has ten employees. 

Source: DnB NOR.