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Ut på dagen i Argentum: – Ikke den rette

Espen Langeland fikk et drøyt halvår av ny eier. Nå forlater han Argentum etter 23 år.

Ut på dagen i Argentum: – Ikke den rette

Argentum's Executive Director Espen Langeland stepped down from his position on Thursday, and he was succeeded by Harald-Inge Flagtvedt, who comes from the role of Finance Director. The news comes from a press release issued by the company on Thursday. The company expressed its pleasure at Flagtvedt's decision to take over leadership, stating that Nordal will play a central role in overseeing the investment business.

Alongside skilled colleagues, they are well-equipped to move Argentum into the next phase, according to Didrik Munch of Argentum Asset Management. The board decided that Langeland was not the right person to lead the company forward, and the decision was based on an overall evaluation, with gratitude expressed for his efforts. Langeland took on the role of Executive Director in 2022, succeeding Joachim Høegh-Krohn.

Flagtvedt previously held the position of Finance Director since 2005. Additionally, Erlend Nordal will be responsible for the overall investment business as Chief Investment Officer (CIO), having been in charge of secondary investments for the past few years. Argentum was established on the initiative of the state in 2001, and today manages approximately 37 billion Norwegian Kroner on behalf of various entities, including the Norwegian state, pension funds, foundations, and family offices.

The asset management business was sold to Bergen-based EGD Holding in January of this year. Langeland has not yet responded to inquiries from E24.

Written by urgent.news from E24 Norway's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at e24.no →

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