Debt market round up: Søren Elbech goes to Inter-American Development Bank
Søren Elbech has been appointed chief of the treasury division of the Inter-American Development Bank. Although his is technically a new position he effectively supplants Hakan Lonaus, chief of the capital markets division, finance department. Elbech joins from Eksportfinans, where he was executive vice-president, director of treasury. He will leave the Norwegian export finance agency at the end of this November. Also leaving Eksportfinans is Oliver Siem, head of funding, deputy director of treasury, who is taking a career break.