AMWatch

New DNB unit will serve as distribution arm for the entire banking group

Nordic banking giant DNB has brought people within investment management, fund selection and portfolio construction together in a new hub to unify its investment offering throughout the organization. "It's all about creating a unit that can develop solutions to clients going forward," the unit's leader Truls Tollefsen tells AMWatch.

Truls Tollefsen, Head of Wealth Management Investment Office at DNB. | Photo: PR / DNB

In July, Truls Tollefsen decided to take on the responsibility of leading a new unit within Norway's largest financial firm DNB Group, having previously spent 12 years as a CFO and CIO at DNB Liv.

As reported by AMWatch at the time, the new Wealth Management Investment Office was created to deliver support across the entire banking group. Tollefsen himself spoke of strong savings trends in Norway and the other Nordic countries.

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