DNB Bank Singapore appoints new regional head of Asia, energy & corporates
International shipping and energy bank DNB Bank Singapore has appointed Erik Gundersen Papp as its new Regional Head of Asia, Energy & Corporates at its Asian headquarters in Singapore.
He will be responsible for the bank’s clients in the energy sector as well as the growing number of Norwegian and Nordic clients in the region and to grow various business areas, such as Cash Management, on the corporate banking side.
“Erik’s broad experience and long term commitment to the bank has made him an excellent candidate to head the energy and corporates team in Singapore. He takes this senior position at the bank at a crucial time in the industry and we believe he will play a major part in developing the bank’s presence in our existing business areas as well as assist us in new markets and sector opportunities.” said Erik Borgen, DNB Bank’s Head of Asia, today. “We are delighted that Erik has accepted this new appointment and we look forward to him leading his team in Asia.”
Papp has been with DNB Bank since the start of his career in 1997. He briefly joined Westfal-Larsen Management AS as a Senior Vice President of Finance for two years before leaving in 2008. He rejoined DNB Bank within the investment banking division before taking up the position as Senior Advisor with the ship finance team in Singapore. He has international experience from a wide range of operations and management positions with the bank’s Oslo, London, Bergen and Singapore offices.
He holds two Masters qualifications; one is a Master of Arts in Business Organization from Heriot-Watt University in Scotland and a Master of Science in Shipping, Trade and Finance from the City University in UK.
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