Announcement • Feb 18
Nordea Bank Abp Announces John Maltby Not Standing for Re-Election Nordea Bank Abp announced that John Maltby is not available for re-election to the Annual General Meeting to be held on 24 March 2026. Announcement • Nov 20
Nordea Bank Abp Announces Appointment of Thor-Erik Bech as Head of Global Shipping Nordea announced the appointment of a global head of shipping. The appointment comes as the firm is focussing on companies with future potential. The company has appointed Thor-Erik Bech as head of global shipping. He was previously head of international shipping offshore at the bank. Announcement • Oct 13
Nordea Bank Abp Announces Executive Changes Nordea Bank Abp announced that Erik Ek is appointed Head of Group Business Support and a member of the Group Leadership Team as of 13 October 2025. Erik Ek, current Head of Group Credit Management, is appointed Head of Group Business Support and a member of the Group Leadership Team. He joined Nordea in 2015 and has demonstrated effective leadership, coupled with great business acumen and a very strong customer focus. Through his current role, he knows the functions of Group Business Support well. Erik Ek succeeds Mads Skovlund Pedersen, who has resigned to take up an opportunity outside Nordea. Mads Skovlund Pedersen will stay on as a Senior Advisor until 31 March 2026. Nordea is heading into a new strategy period. Hence, building on Nordea's successful foundation, Group Business Support will play a key role in delivering increased efficiency through Nordic scale benefits that enable greater value for customers. The appointment is subject to regulatory approval, and the change will take effect as of October 13, 2025. Announcement • Sep 05
Nordea Bank Abp Announces Management Changes Nordea Bank Abp announced that Board member Risto Murto has been appointed to the Board Risk Committee and will step down from the Board Operations and Sustainability Committee. Board member Lars Rohde has been appointed to the Board Operations and Sustainability Committee and will continue as a member of the Board Risk Committee. Further, employee representative Gerhard Olsson steps down from the Board of Directors as of today. Until a replacement for Gerhard Olsson has been appointed, the employee representatives are: Joanna Koskinen and Jørgen Suo Lønnquist as ordinary members and Kasper Skovgaard Pedersen as deputy member. Joanna Koskinen will replace Gerhard Olsson on the Board Remuneration and People Committee. Announcement • Jun 17
Nordea Bank Abp (HLSE:NDA FI) commences an Equity Buyback for 340,000,000 shares, representing 9.7% of its issued share capital, under the authorization approved on March 20, 2025. Nordea Bank Abp (OM:NDA SE) commences share repurchases on June 16, 2025, under the program mandated by the Annual General Meeting held on March 20, 2025. As per the mandate, the company is authorized to repurchase up to a maximum of 340,000,000 shares, representing 9.7% of its issued share capital, subject to a condition that the company’s holding in treasury together with the shares repurchased does not exceed 10% of its issued share capital at any point of time. The highest purchase price per share shall be no more than the higher of the highest price paid for the company's shares in public trading on the day of repurchase or alternatively and the average of the share prices during the 5 trading days preceding the repurchase or the offer to repurchase own shares. The lowest purchase price per share shall be the price that is 20% lower than the lower of the lowest price paid for the company's shares in public trading on the day of repurchase or alternatively and the average of the share prices during the 5 trading days preceding the repurchase or the offer to repurchase own shares. Of the repurchased shares not more than 340,000,000 shares may be used to distribute excess capital in order to optimize the capital structure of the company and not more than 8,000,000 shares may be used in the company's variable pay plans in accordance with regulatory requirements and/or as required for new variable pay plans for executive officers, senior management, other material risk takers and other employees. The purpose of such repurchase is to optimize the capital position and to increase sustainable shareholder return to the benefit of all shareholders. The repurchases will be funded from only the unrestricted equity of the company. The authorization shall remain in force and effect until 18 months from the resolution of the Annual General Meeting of the company.
On June 12, 2025, the company announced a share repurchase program, after receiving approval from ECB. Under the program, the company will repurchase €250 million worth of shares. The purpose of the program is to efficient capital structure and improve shareholder returns by reducing the capital of company. The repurchased shares will be cancelled on a monthly basis. The shares shall be repurchased using the unrestricted equity of the company. The repurchases will commence on June 16, 2025 or as soon as possible thereafter and end no later than September 30, 2025. Announcement • Jan 31
Nordea Bank Abp Proposes Dividend for the Financial Year Ended December 31, 2024 Nordea Bank Abp at its AGM to be held on March 20, 2025 proposed a dividend of EUR 0.94 per share for financial year ended December 31, 2024, an increase of 2% compared with 2023. Announcement • Dec 16
Nordea Bank Abp to Report Q4, 2024 Final Results on Feb 13, 2025 Nordea Bank Abp announced that they will report Q4, 2024 final results on Feb 13, 2025 Announcement • Nov 19
Nordea Bank Abp (OM:NDA SE) completed the acquisition of Personal Customer Business and Associated Savings Assets in Norway of Danske Bank A/S. Nordea Bank Abp (OM:NDA SE) entered into an agreement to acquire Personal Customer Business and Associated Savings Assets in Norway of Danske Bank A/S on July 19, 2023. The sale of the personal customer business includes the management of 15 Danske Invest Horisont funds, which are primarily distributed to personal customers in Norway. The acquired business will be integrated into Nordea and operated under the Nordea brand.
The transaction is subject to regulatory approvals. As of November 7, 2023, Norwegian Competition Authority announced that it will take more time to review the proposed acquisition. As of December 15, 2023, the Norwegian Competition Authority has approved the transaction. The deal is still subject to approval by the Norwegian and the Danish financial supervisory authorities. On December 20, 2023, Danish Financial Supervisory Authority was approved the transaction. As on February 7, 2024, The Norwegian Financial Supervisory Authority has approved the sale of Danske Bank’s personal customer business in Norway to Nordea. The transaction is expected to be completed by the end of 2024. On September 17, 2024, Nordea Bank AB acquisition of Danske Bank AS's personal customer business in Norway is set to close during week of November 15 to 17.
BofA acted as lead financial adviser to Danske Bank. J.P. Morgan acted as financial advisor to Nordea. Patrik Reuterskiöld of Nordea Securities AB acted as financial advisor to Nordea Bank Abp (OM:NDA SE). Danske Bank is acting as financial advisor to Danske Bank A/S (CPSE:DANSKE).
Nordea Bank Abp (OM:NDA SE) completed the acquisition of Personal Customer Business and Associated Savings Assets in Norway of Danske Bank A/S on November 18, 2024. Announcement • Oct 17
Nordea Bank Abp Announces Executive Changes, Effective as of 1 January 2025 Nordea's Group announced that Martin Persson has been appointed Head of Asset & Wealth Management and Petteri Änkilä Head of Large Corporates & Institutions. Snorre Storset will step down as Head of Asset & Wealth Management after nine successful years. These changes will take effect as of 1 January 2025. Martin Persson, current Head of Large Corporates & Institutions, has been appointed Head of Asset & Wealth Management. Martin will continue as a member of the Group Leadership Team and country branch manager in Sweden. He has successfully delivered on the strategic initiatives set out in 2019 through his strong leadership, results and customer-centric focus. Martin joined Nordea in 2012 as Head of Markets Equities. Petteri Änkilä, current CEO of Nordea Life & Pension, has been appointed Head of Large Corporates & Institutions and a member of the Group Leadership Team. Prior to this, he successfully headed the Finnish Large Corporates & Institutions business unit for nine years. Petteri joined Nordea in 2014 with a background in investment banking and private equity. In parallel, it has been agreed that Snorre Storset will step down after nine years in his current role as Head of Asset & Wealth Management and a member of the Group Leadership Team. The appointments are pending regulatory approval. Announcement • Oct 03
Nordea Bank Abp Announces Composition of Shareholders' Nomination Board Nordea Bank Abp's Shareholders' Nomination Board has been appointed. The Nomination Board consists of the Chair of the Board of Directors and the four largest shareholders who on 31 August represent the largest number of voting rights and wish to participate in the work of the Nomination Board. The members of the Nomination Board are Lars Ingemann Nielsen, Executive Vice President and CFO, Nordea-fonden Niko Pakalén, Partner, Cevian Capital Daniel Kristiansson, Governance and Stewardship Specialist, Alecta Timo Sallinen, Director, Head of Listed Securities, Varma Mutual Pension Insurance Company Stephen Hester, Chair of the Board of Directors of Nordea Bank Abp At its first meeting, the Nomination Board elected Niko Pakalén as Chair of the Nomination Board. Announcement • Sep 09
Nordea Bank Abp, Annual General Meeting, Mar 20, 2025 Nordea Bank Abp, Annual General Meeting, Mar 20, 2025.