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EDF-Credit Agricole Hires Olafsson as Trading Head

Haakon Olafsson, the former head of trading for European power and natural gas at Credit Suisse Group AG, joined a venture run by EDF Trading Ltd. and Credit Agricole SA in a similar role.

He started work yesterday in London, according to a person with knowledge of the appointment who declined to be named because the information isn’t public. Marie Leonard, a London-based Credit Agricole spokeswoman, confirmed the appointment in an e-mailed statement today.