DOW JONES NEWSWIRESSTOCKHOLM (Dow Jones)--Stock market operator Nasdaq OMX (NDAQ) Tuesday said Erik Thedeen, chief executive of Nasdaq OMX Stockholm, is leaving the company to take a position at the Swedish Ministry of Finance.
Nasdaq OMX has initiated the work to find a replacement for Thedeen, who was appointed CEO of the Stockholm Stock Exchange in 2008.
"It is certainly never fun to lose talented co-workers, but at the same time I see this as evidence of the competence and high quality to be found within Nasdaq OMX," Nasdaq OMX Nordic Vice President Hans-Ole Jochumsen said in a statement.
Thedeen will work as state secretary under the newly-appointed Minister for Financial Markets, Peter Norman, at the Ministry of Finance. Norman was previously CEO for the state pension assets fund AP7.
In Sweden, state secretaries aren't ministerial positions but they are appointed by politicians and they serve as the highest-ranking civil servants in their specific ministries.
"We are examining the feasibility of reducing state ownership during this office term of Nordea Bank AB (NDA.SK), TeliaSonera AB (TLSN.SK) and SBAB. Erik will play an important role in the work of protecting the taxpayers' interests around this issue," Norman said.
-By Sven Grundberg, Dow Jones Newswires; +46-8-5451-3098; sven.grundberg@dowjones.com
Source : Online Wall Street Journal
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