Nordea Bank Abp

BATS-CHIXE:NDAS Stock Report

Market Cap: SEK 438.1b

Nordea Bank Abp Management

Management criteria checks 3/4

Nordea Bank Abp's CEO is Frank Vang-Jensen, appointed in Sep 2019, has a tenure of 5.17 years. total yearly compensation is €3.66M, comprised of 41.7% salary and 58.3% bonuses, including company stock and options. directly owns 0.007% of the company’s shares, worth SEK28.96M. The average tenure of the management team and the board of directors is 5 years and 2.7 years respectively.

Key information

Frank Vang-Jensen

Chief executive officer

€3.7m

Total compensation

CEO salary percentage41.7%
CEO tenure5.2yrs
CEO ownership0.007%
Management average tenure5yrs
Board average tenure2.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Frank Vang-Jensen's remuneration changed compared to Nordea Bank Abp's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

€5b

Jun 30 2024n/an/a

€5b

Mar 31 2024n/an/a

€5b

Dec 31 2023€4m€2m

€5b

Sep 30 2023n/an/a

€5b

Jun 30 2023n/an/a

€5b

Mar 31 2023n/an/a

€4b

Dec 31 2022€4m€1m

€4b

Sep 30 2022n/an/a

€3b

Jun 30 2022n/an/a

€3b

Mar 31 2022n/an/a

€3b

Dec 31 2021€3m€1m

€4b

Sep 30 2021n/an/a

€4b

Jun 30 2021n/an/a

€3b

Mar 31 2021n/an/a

€3b

Dec 31 2020€2m€1m

€2b

Sep 30 2020n/an/a

€2b

Jun 30 2020n/an/a

€1b

Mar 31 2020n/an/a

€2b

Dec 31 2019€697k€408k

€2b

Compensation vs Market: Frank's total compensation ($USD3.85M) is below average for companies of similar size in the UK market ($USD5.74M).

Compensation vs Earnings: Frank's compensation has been consistent with company performance over the past year.


CEO

Frank Vang-Jensen (57 yo)

5.2yrs

Tenure

€3,660,364

Compensation

Mr. Frank Vang-Jensen was President and Group Chief Executive Officer at Nordea Henkivakuutus Suomi Oy since September 05, 2019. He is Group Chief Executive Officer at Nordea Bank Abp (Nordea Bank AB (publ...


Leadership Team

NamePositionTenureCompensationOwnership
Frank Vang-Jensen
President & Group CEO5.2yrs€3.66m0.0066%
SEK 29.0m
Jussi Koskinen
Group Chief Legal Officer6.2yrs€1.37m0.0012%
SEK 5.1m
Ian Smith
Group CFO & Head of Group Finance4.1yrsno data0.0020%
SEK 8.8m
Paul Bari
Group CIO and Head of Group Technology7.8yrsno datano data
Ilkka Ottoila
Head of Investor Relationsno datano datano data
James Graham
Chief Compliance Officer & Head of Group Compliance3.1yrsno data0.00064%
SEK 2.8m
Ulrika Alexandra Romantschuk
Head of Group Brand4yrsno data0.00066%
SEK 2.9m
Christina Gadeberg
Chief People Officer4.9yrsno data0.0010%
SEK 4.4m
Johan Ekwall
Chief of Staffno datano datano data
Ari Kaperi
Head of Business Banking & Country Senior Executive In Finland18.3yrsno datano data
Jukka M. Salonen
Head of Group Simplificationno datano datano data
Jukka Perttula
Head of Private Banking Finlandno datano datano data

5.0yrs

Average Tenure

58yo

Average Age

Experienced Management: NDAS's management team is seasoned and experienced (5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Kjersti Wiklund
Independent Director2.7yrs€179.50k0.00031%
SEK 1.4m
Stephen Hester
Independent Chairman of the Board2.7yrs€398.13k0.0026%
SEK 11.3m
John Maltby
Independent Non Executive Director5.7yrs€204.38k0.00024%
SEK 1.1m
Risto Murto
Independent Director1.7yrs€104.25k0.00032%
SEK 1.4m
Arja Talma
Independent Director2.7yrs€167.75k0.00029%
SEK 1.3m
Lene Skole-Sorensen
Independent Vice Chair2.7yrs€182.88k0.00083%
SEK 3.6m
Per Stromberg
Independent Director1.7yrs€126.00k0.00029%
SEK 1.3m
Jonas Synnergren
Independent Director4.5yrs€137.88kno data
Petra Van Hoeken
Independent Director5.7yrs€204.38k0.000070%
SEK 306.7k
Gerhard Olsson
Employee Representative Director1.7yrsno datano data
Joanna Koskinen
Directorno datano datano data
Kasper Pedersen
Employee Representative Director1.2yrsno datano data

2.7yrs

Average Tenure

61.5yo

Average Age

Experienced Board: NDAS's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.