Former NATO Secretary General joins Latvian bank

Latvia's AS Norvik Banka announced January 24 that it had recruited Anders Fogh Rasmussen in the position of Deputy Chairman of the bank’s independent Council.

Rasmussen served as NATO Secretary General from 2009-14 and Prime Minister of Denmark from 2001-2009. Prior to this he was Minister of Tax and Minister of Economic Affairs in the Danish government.

In a statement issued via the bank Anders Fogh Rasmussen said: 

I am glad to join the Council of AS Norvik Banka and renew my long-standing and strong relationships with Latvia. I hope that my experience will be useful for Norvik Banka in forming relationships with the state authorities and its strategic growth efforts in both Latvia and the EU.

The Chairman of AS Norvik Banka Board Oliver Bramwell said: "We’re glad that such a highly-qualified professional as Mr Rasmussen joined our team. His international experience and knowledge is a true asset for the bank."

AS Norvik Banka Council consists of 5 members. Its majority shareholder, Russian citizen Grigory Guselnikov is Chairman with Anders Fogh Rasmussen now his deputy. Council members are Igor Smolin, Dr. August Gustav Paul Hanning and Peter Michael Odintsov.

"The bank’s Council has several important functions – it monitors the bank's Board, approves the bank’s Business Strategy and other documents crucial for its activity," the bank said.

The precise terms of Fogh Rasmussen's appointment were not detailed.

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