DnB NOR has appointed Vidar Andersen as the new head of its Shanghai branch succeeding Espen Lund who has returned to the bank’s headquarters in Oslo after an eight year stint as China country head. Vidar Andersen said today: "I am very pleased to have been given such an opportunity and I approach the task with both humility and pride. Espen Lund is taking up a position in the management team of the International Corporates and Institutions Division with a particular responsibility for customers doing business in Asia.