PR: Christoffer Taxell elected Chairman of NIB's Business Advisory Group

"NIB's focus on financing projects which support the competitiveness and environment of the Baltic Sea Region is most relevant in today's world. As an International Financial Institution of the Nordic and Baltic countries, NIB is in a unique position to contribute very concretely to the sustainable development of the area," says Christoffer Taxell, Chairman of NIB's Business Advisory Group.

NIB has established the Business Advisory Group in order to tap the knowledge and experience of the international business community. It is an informal body consisting of seven high-level individuals representing areas of key importance for the Bank's member countries. The group will provide new ideas and proposals for the development of NIB's activities.

The group members, invited in their capacities as highly experienced individuals, will bring their expertise to discussions with NIB's management of topical issues important for the further development of the Bank's operations. The group will not be a decision-making body but a forum for analytical discussion. The group will meet two to three times a year.

The other members of the group are:

Mr Paul Bulteel, former Secretary General of the Union of the Electricity Industry, Belgium
Mr Björn Carlson, Founder, the Foundation for the Baltic Sea, Sweden
Mr Jannik Lindbaek, former chief executive officer of i.a. NIB and IFC, former Chairman of Statoil, Norway
Mrs Bodil Nyboe Andersen, former Governor of the Danish Central Bank, Denmark
Mr Michael Sohlman, Executive Director, the Nobel Foundation, Sweden
Mr Linnar Viik, prominent expert on the Internet and former government advisor on e-government, Estonia

NIB is a multilateral financial institution owned by eight member countries: Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway and Sweden. The Bank finances private and public projects in and outside the member countries. NIB has the highest possible credit rating, AAA/Aaa, with the leading rating agencies Standard & Poor's and Moody's.

For further information, please contact
Mr Johnny Åkerholm, President and CEO, at +358 10 618 001
Mr Harro Pitkänen, Senior Director and Head of Business Development and Control, at +358 10 618 0246

Mr Jukka Ahonen, Director of Communications, at +358 10 618 0295, [email protected]