The nomination committee of Komplett Bank ASA has been notified that Ms Live Haukvik has requested to be released from her duties as Chair of the Board. The request is due to a long-lasting situation with an extraordinary work load for the Chair of the Board, which over time has become increasingly challenging to combine with Ms Haukvik’s full time employment as CFO at Komplett Group. The nomination committee recommends that Mr. Stig Eide Sivertsen is elected as new Chair of the Board and that Live Haukvik is re-elected as ordinary board member. The Nomination Committee has discussed the situation with shareholders and current members of the board and concluded that the following would be recommended for the extraordinary general meeting to be held on 13 August 2019. Stig Eide Sivertsen is elected as new Chair of the Board of Komplett Bank ASA. Live Haukvik is elected as a new ordinary board member and resigns from the position as Chair of the Board of the Bank. Harald Hjorthen is elected as a new board member to replace Casper Wakefield, who has served as board member since 2013, when the bank received its license. Stig Eide Sivertsen (60) has served as independent board member since 2018. He will ensure continuity at the board and will at the same time have the capacity needed to lead the various processes that are ongoing. Mr. Sivertsen has broad operational experience from technology, media and finance as well as extensive experience as a board member of listed companies. As a new Chair of the Board, Mr. Sivertsen will bring relevant experience from the financial markets as well as extensive knowledge of the introduction and use of new technology in traditional markets.
Morrow Bank ASA, formerly Komplett Bank ASA, is a Norway-based bank offering convenient payment and financing products to consumers. The Bank is focused on creating value for its customers by offering flexible, convenient financing solutions through efficient, customer friendly processes. Operational efficiency and low cost are foundations for the bank and is enabled by centralized operations, modern systems, and digital set-up. The Bank is pursuing a growth strategy based on geographical and product-wise diversification and expansion. The product portfolio includes consumer loans, credit cards, point-of-sales finance solutions, and high-yield deposit accounts. The Bank operates in Norway, Sweden and Finland.
MORROW BANK ASA 
