I’m writing this in English as this artwork by Asgerdur disappeared from view in England. The textile artwork Andromeda (ÁB141; https://asgerdarsafn.is/listaverk/ab141/) is among her largest works; a diptych, woven in 1988, 62×58 cm + 112×210 cm (height x width).
Not only is this work currently lost, but neither have any photographs of it been found.
The work was commissioned by the British finance company Sleipner UK Ltd, founded in 1985, as a subsidiary of the Norwegian finance company A/S Nevi.
The background to the commission has recently been told by architect Ögmundur Skarphédinsson. In the autumn of 1987, Sleipner bought an old building in the heart of London, 6 Mount Row W1.
An Icelandic economist, Edda Helgason, a good friend of Ögmundur, was on the board of directors of Sleipner. Ögmundur was given the task, his first as an independent architect, of designing a renovation of the building, and he suggested that Asgerdur should be commissioned to produce artwork for the company premises.
She accepted the commission and produced a full-scale sketch which Ögmundur took to England and photographed it on the intended wall for Asgerdur to see. These photographs have recently come to light and have been added to the webpage.
She completed Andromeda in 1988, and it was hung on the premises in London in the summer of 1989.
However, only months later, in the fall of 1989, major changes in the company structure were carried out. A/S Nevi had been bought by Bergen Bank in 1988, and in 1989, Bergen Bank merged with Den Norske Ceditbank (DnC), becoming Den Norske Bank (DNK). At this point, most of the board of directors of Sleipner, including Edda Helgason, walked away, while two board members, Gregor Short and his co-director (probably Thorbjørn Johan Gaarder), undertook a buyout of Sleipner UK Ltd.
Mr Short has informed me that “This wall hanging was listed amongst the company’s fixed assets which we (the Management Buy-Out team), chose not to acquire”. Thus, the artwork came under the ownership of the London branch of DNB (DNB PLC) in late 1989.
DNB owns the largest private art collection in Norway, but both Anne Wiland, curator of the DNB art collection, and Oda Wildhagen Gjessing, curator and art historian at the DNB art collection, have confirmed that Andromeda is not found in the collection.
Currently, it is most likely that DNB PLC sold the work in 1992 after having it evaluated by Bonhams auction house in London. This, as Asgerdur’s notebook mentions Bonhams valuation dept, and a sum of 8.100£, of which she received 7.250£ in 1992. This further implies that Asgerdur had not yet been paid, that a price had not been decided on, and somebody within the DNB organization bought the work after an impartial evaluation.
In 1992, the leadership team and board of directors of DNB PLC were Tom Grøndahl, Brian Hudson, Bruce Lambie, Christopher Tregoning, Dimitri Antonatos, Robert Barber, Malcolm Bryant, Richard Kelsner, Andrew Sayer. Stewart Smith, Michael Gilfellon and Alan Sargent. Might the owner of Andromeda be found among these persons?

