Kaupthing Bank appoints Global Head of Capital Markets

 | Source: Kaupthing Bank Kaupthing Bank 

Tim Cockroft has been appointed Global Head of Capital Markets at
Kaupthing Bank. Tim is currently Head of Capital Markets for
Kaupthing in the UK. He will assume this new position immediately
and, at the same time, remain in charge of the Capital Markets
operations in the UK.

With this appointment Kaupthing Bank aims to further co-ordinate
Capital Markets activities within the Group and to improve the
overall service to clients.

Tim Cockroft brings with him an excellent track record having more
than 18 years experience;  moreover, Tim has successfully developed
the Capital Markets operations at Kaupthing Singer & Friedlander
involving corporate finance and broking with a focus on mid-market
companies. Prior to joining Kaupthing Bank, Tim was CEO of the
brokerage house KBC Peel Hunt.

For further information:
Jónas Sigurgeirsson, Chief Communications Officer, tel. +354 444
6112.


About Kaupthing Bank
Kaupthing Bank offers comprehensive commercial and investment banking
services to individuals, companies and institutional investors. The
Bank is a leading player in all the main areas of the Icelandic
financial market, and in addition to Iceland, the Bank's key markets
are Denmark and the United Kingdom. The Bank focuses on the growth
and development of its international activities and aims to be one of
the leading investment banks in northern Europe.

Kaupthing Bank operates in thirteen countries with its headquarters
located in Reykjavík. The Bank's main subsidiaries are FIH
Erhvervsbank in Denmark, Kaupthing Singer & Friedlander in the United
Kingdom, Kaupthing Bank Sverige, Kaupthing Bank Luxembourg, Kaupthing
Bank in Finland, Norvestia Oyj in Finland, Kaupthing New York,
Kaupthing Switzerland, Kaupthing Bank Belgium and Kaupthing Bank
Norge in Norway. The Bank also has activities in Isle of Man, the
United Arab Emirates (Dubai) and Qatar. As of 31 December 2007 the
number of full-time equivalent positions was 3,334 at Kaupthing Bank
and its subsidiaries. www.kaupthing.com