Kjerstin Braathen has been appointed new chief financial officer (CFO) in DNB ASA with effect as of 1 March 2017, succeeding Bjørn Erik Næss, who will retire on the same date. Næss has been CFO in DNB for nine years. According to his pension agreement, he was entitled to retire when reaching the age of 62 in August 2016, but the agreement was extended to 1 March 2017.

Up till now, Braathen has been group executive vice president and head of Corporate Banking Norway. She is a member of the group management team. She assumed her current position in 2013 and was previously head of Shipping, Offshore and Logistics in Oslo.

She has more than 17 years' experience from various positions in the DNB Group. Benedicte Schilbred Fasmer will become new group executive president and head of Corporate Banking Norway with immediate effect. Since 2014, Fasmer has been responsible for DNB's operations in Bergen and the Western Norway division in Corporate Banking Norway.

She previously held senior executive positions in, among others, Argentum Asset Management and Sparebanken Vest. Fasmer is also board chairman in Oslo Børs VPS Holding and Oslo Børs ASA. Rune Garborg will become new group executive president in charge of Vipps and Payments with immediate effect.

This is a new position in the group management team. Since February this year, Garborg has been in charge of DNB's digital payment solution Vipps. Prior to this, he was head of Categories and Marketing in Personal Banking Norway.

Other prior positions include head of marketing in DNB Eiendom.