New Chairman of the Supervisory Board appointed at NASDAQ OMX Armenia

Saturday, 15 August 2009

After more than 20 years in the industry (Nokia, Otaniemi Science Park, Fiskars), in 1998, Mr. Elfving joined former Helsinki Stock Exchange (HEX) serving as a Vice President and then Senior Vice President. For nearly five years starting 2003, when the combination between Swedish OM AB and HEX occurred, he led the Corporate Planning function on group level, while also being involved in mergers and acquisitions, as well as integration tasks. After the combination between NASDAQ and OMX Mr. Elfving was appointed to head the Baltic markets and since March 2009 also the Armenian market, within NASDAQ OMX Transaction Services Nordic. In the position of the Chairman of the Supervisory Board of NASDAQ OMX Armenia and the CDA Mr. Elfving replaces Hans Berggren, who has retired after serving OM AB, OMX AB, and then NASDAQ OMX for the last 25 years.