Íbúðalánasjóður
CEO of the Housing Financing Fun resigns
DGAP-News: Íbúðalánasjóður 2015-04-30 / 15:31 --------------------------------------------------------------------- Sigurður Erlingsson, the CEO of the Housing Financing Fund, has requested that the Board of Directors of the Fund accept his resignation, and the Board has accepted his request.The Board of HFF will soon advertise the position of CEO as vacant. The new CEO will have the role of implementing any changes that may be made to the operation of the Fund due to changes in the arrangement of housing issues.The CEO's substitute, Gunnhildur Gunnarsdóttir, will temporarily take on the duties of the CEO, and the departing CEO will be available to her for consultation until a new permanent CEO has been recruited. Ingibjörg Ólöf Vilhjálmsdóttir, Chairman of the Board of HFF 'Sigurður has held the position of CEO of the Housing Financing Fund since November 2010.The Board of HFF would like to thank Sigurður for his important contribution to the Fund in recent years, having led the Fund through the difficult times in wake of the economic crash.In 2014, the Fund's results were positive for the first time since 2007, the loan portfolio has improved and success has been achieved in the sale of appropriated assets.' Sigurður Erlingsson, CEO of the Housing Financing Fund 'I took on the operation of the Fund in 2010 when the Fund faced significant challenges in the wake of the economic crash.The Fund has achieved excellent success in tackling these challenges through its strong infrastructure and dynamic management team.I am proud that the main goals in the Fund's policies and operating plans have been achieved.' Further information will be supplied by the Chairman of the Board of Directors of the Housing Financing Fund, Ingibjörg Ólöf Vilhjálmsdóttir, e-mail: iov@landlogmenn.is. News Source: NASDAQ OMX --------------------------------------------------------------------- 2015-04-30 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: Íbúðalánasjóður Iceland ISIN: IS0000001113 End of News DGAP News-Service --------------------------------------------------------------------- 351787 2015-04-30
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