Helgeland Sparebank announced that it named Ove Brattbakk as chairman. Brattbakk, who was CEO of Helgeland Kraft AS, is replacing Thore Michalsen, who leaves after the completion of his term on the bank's board of directors. Brattbakk has served as deputy chairman of Helgeland Sparebank since 2013 and has been a member of the board since 2011.