NOBA Bank Group Management
Management criteria checks 3/4
NOBA Bank Group's CEO is Carl Lundblad, appointed in Sep 2017, has a tenure of 8.08 years. total yearly compensation is SEK5.90M, comprised of 46.8% salary and 53.2% bonuses, including company stock and options. directly owns 0.097% of the company’s shares, worth SEK45.27M. The average tenure of the management team and the board of directors is 8.1 years and 4.3 years respectively.
Key information
Carl Lundblad
Chief executive officer
SEK 5.9m
Total compensation
| CEO salary percentage | 46.85% |
| CEO tenure | 8.1yrs |
| CEO ownership | 0.1% |
| Management average tenure | 8.1yrs |
| Board average tenure | 4.3yrs |
Recent management updates
No updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2025 | n/a | n/a | SEK 3b |
| Mar 31 2025 | n/a | n/a | SEK 3b |
| Dec 31 2024 | SEK 6m | SEK 3m | SEK 2b |
Compensation vs Market: Carl's total compensation ($USD630.19K) is below average for companies of similar size in the Swedish market ($USD2.07M).
Compensation vs Earnings: Insufficient data to compare Carl's compensation with company performance.
CEO
Carl Lundblad (47 yo)
Mr. Carl Jacob Lundblad has been the Chief Executive Officer at NOBA Bank Group AB (publ) (formerly known as Nordax Bank AB (publ)) since September 1, 2017 and served as its Chief Operating Officer and Dep...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 8.1yrs | SEK 5.90m | 0.097% SEK 45.3m | |
| Co-Founder & Data Scientist Manager | no data | no data | no data | |
| Chief Financial Officer | 6.8yrs | no data | 0.065% SEK 30.4m | |
| Chief Operating Officer | 9.8yrs | no data | 0.012% SEK 5.6m | |
| Chief Technology Officer | 2.8yrs | no data | 0.016% SEK 7.5m | |
| Head of IR | no data | no data | no data | |
| Chief Legal Counsel | 18.8yrs | no data | 0.020% SEK 9.3m | |
| Chief Compliance Officer | 9.8yrs | no data | 0.0019% SEK 889.2k | |
| Head of Communication & ESG | 2yrs | no data | no data | |
| Head of Sales | no data | no data | no data | |
| Chief Marketing Officer | 5.8yrs | no data | 0.0090% SEK 4.2m | |
| Chief Human Resources Officer | 13.8yrs | no data | 0.016% SEK 7.6m |
Experienced Management: NOBA's management team is seasoned and experienced (8.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Chairman | 7.8yrs | SEK 565.00k | 0.092% SEK 42.9m | |
| Non-Executive Director | 5.8yrs | SEK 99.00k | no data | |
| Independent Non-Executive Director | 2.8yrs | SEK 298.00k | no data | |
| Independent Director | 1.1yrs | no data | 0.019% SEK 8.8m | |
| Independent Director | 1.1yrs | no data | 0.035% SEK 16.3m | |
| Non-Executive Director | 7.8yrs | SEK 199.00k | no data |
Experienced Board: NOBA's board of directors are considered experienced (4.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/10/03 02:47 |
| End of Day Share Price | 2025/10/03 00:00 |
| Earnings | 2025/06/30 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
NOBA Bank Group AB (publ) is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.