Russian-based insurance and leasing specialists Oslo Marine expands to the UK

Oslo Marine Group, the investment, insurance and leasing group, based in St Petersburg, Russia, has set up a new representative office.

Based in the City of London, the new office will be managed by Keith Parker, who has previously held positions with Novae Group (formerly SVB Group) and CLM Insurance Fund.

Parker said the new office would act as a contact point and source of information for OMG's UK and international clients.

Vitaly Arkhangelsky, general director of OMG, commented: "Our decision to launch a London representative office is a clear demonstration of OMG's increasing involvement and commitment to the London financial markets. It will allow us to work more closely with our UK-based trading partners, as well as developing further links with prospective partners."