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Nordea Bank AB (NDA.ST)

NDA.ST on Stockholm Stock Exchange

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Summary

Name Age Since Current Position

Bjorn Wahlroos

66 2011 Chairman of the Board

Casper von Koskull

58 2015 President, Group Chief Executive Officer, Member of the Group Executive Management

Torsten Jorgensen

53 2015 Deputy Group Chief Executive Officer, Group Chief Operating Officer, Member of the Group Executive Management

Lars Nordstrom

75 2017 Independent Vice Chairman of the Board

Christopher Rees

46 2018 Group Chief Financial Officer, Head of Group Finance & Treasury, Member of Group Executive Management

Karen Tobiasen

53 2016 Chief People Officer, Member of the Group Executive Management

Erik Ekman

49 2016 Executive Vice President, Head of Commercial and Business Banking, Member of the Group Executive Management

Topi Manner

44 2016 Executive Vice President, Head of Personal Banking, Member of the Group Executive Management

Martin Persson

43 2016 Executive Vice President, Head of Wholesale Banking, Member of the Group Executive Management

Snorre Storset

46 2016 Executive Vice President, Head of Wealth Management, Member of the Group Executive Management

Matthew Elderfield

52 2016 Group Compliance Officer and Head of Group Compliance, Member of Group Executive Management

Julie Galbo

47 2017 Chief Risk Officer, Head of Group Risk Management and Control, Member of the Group Executive Management

Kari Ahola

58 2017 Director, Employee Representative

Dorrit Groth Brandt

2018 Director, Employee Representative

Nigel Hinshelwood

2018 Director

Torbjorn Magnusson

2018 Director

Hans Riise

57 2017 Director, Employee Representative

Pernille Erenbjerg

50 2017 Independent Director

Robin Lawther

57 2014 Independent Director

Sarah Russell

56 2010 Independent Director

Silvija Seres

48 2015 Independent Director

Birger Steen

52 2015 Independent Director

Maria Varsellona

48 2017 Independent Director

Rodney Alfven

Head of Investor Relations

Biographies

Name Description

Bjorn Wahlroos

Mr. Bjorn Wahlroos has been Chairman of the Board of Directors of Nordea Bank AB since March 24, 2011. He previously served as Vice Chairman of the Board of the Company since 2009. He has been Member of the Board of Directors of the Company since April 3, 2008. He also serves as Member of the Nominating and Remuneration Committees of the Company. He previously served as the Company's Vice Chairman of the Board of Directors from 2009. He was also Group Chief Executive Officer (CEO) and President of Sampo plc from 2001 until 2009. He was Chairman of the Board of Directors at Sampo Bank Plc from 2005 until 2007, and held the same position at Mandatum Bank plc from 1998 to 2000. He was President of Mandatum & Co Ltd from 1992 to 1997. During the period between 1985 and 1992, he held various positions within Union Bank of Finland, including Executive Vice President and Member of the Executive Committee between 1989 and 1992. He was Visiting Associate Professor in Managerial Economics and Decision Sciences at Kellogg Graduate School of Management at the Northwestern University from 1983 to 1984, Visiting Assistant Professor of Economics at Brown University from 1980 to 1981, Professor and Acting Professor of Economics at the Swedish School of Economics from 1979 to 1985, and Acting Lecturer and Assistant Professor in Finance at the Swedish School of Economics from 1974 to 1979. He has other appointments, such as Board Chairman of Sampo Plc and UPM-Kymmene Corporation. He is also Member of the Board of Directors at several charities, including the Finnish Business and Policy Forum EVA/ETLA and the Mannerheim Foundation. He is also Chairman of Hanken School of Economics. He holds a Doctorate in Philosophy degree in Economics from HANKEN-Svenska Handelshogskolan from 1979. He also holds a Master of Science and a Bachelor of Science degree in Economics from Helsingin kauppakorkeakoulu from 1975 and 1974, respectively.

Casper von Koskull

Mr. Casper von Koskull has been President, Group Chief Executive Officer and Member of the Group Executive Management at Nordea Bank AB since November 1, 2015. He served as Member of the Group Executive Management, Executive Vice President and Head of Wholesale Banking of Nordea Bank AB until November 1, 2015. He was Head of Wholesale Banking from 2011 until 2015. Between September 1, 2010 and 2011 he also served Head of Corporate Merchant Banking and Capital Markets of Nordea Bank AB. He was previously Managing Director and Partner of Goldman Sachs International in London, as well as Head of Nordic Investment Banking from 2006 to 2010. Between 2002 and 2006, he acted as Head of European Technology Banking at Goldman Sachs in London, and from 1998 to 2002, he was Managing Director for Nordic Mergers and Acquisitions at the same company. Between 1994 and 1998, he served as Managing Director for Nordic Investment Banking at UBS in London. From 1992 to 1994, he was Head of Derivatives Marketing and Structuring for German Corporate Clients at Citibank in Frankfurt. From 1990 to 1992, he was Director of Citibank in New York; from 1987 until 1990, he was Head of Nordic Corporate Coverage of Citibank in London, and from 1984 to 1987, he was Account Manager of Citibank in Helsinki. He obtained a Master of Science degree in Economics from Helsingin kauppakorkeakoulu in 1985. He also completed the Program for Management Development (PMD) from Harvard Business School from 1991.

Torsten Jorgensen

Mr. Torsten Hagen Jorgensen has been Deputy Group Chief Executive Officer, Group Chief Operating Officer and Member of the Group Executive Management of Nordea Bank AB since November 1, 2015. He served as Member of Group Executive Management, Executive Vice President, Group Chief Financial Officer, Head of Group Corporate Centre of Nordea Bank AB until November 1, 2015. He was appointed Chief Financial Officer and Head of Group Corporate Centre of Nordea Bank AB on January 16, 2013 and has served as Member of Group Executive Management, Executive Vice President since June 2011. He also served as Head of Group Operations and Head of Other Lines of Business of Nordea Bank AB as from June 2011. From 2009, he has served in Nordea Bank AB as Head of Group Treasury. Between 2007 and 2009, he served at Nordea Bank AB as Head of Group Strategy. From 2005 until 2007, he served at Nordea Asset Management & Life as Head of Business Strategy. From 2002 until 2005, he was Director of Corporate Finance, Copenhagen. Between 2000 and 2002, he was Co-founder and Director of FirstPrivate A/S. From 1999 until 2000, he served at BG Bank A/S as Head of Corporate Finance. Between 1997 and 1999, he was Head of Equity Research at BG Bank A/S. He served at Nykredit Holding A/S between 1995 and 1997. Additionally, he served at Gudme Raaschou Bankaktieselskab and at Provinsbanken A/S. He holds Master of Science degree in Economics.

Lars Nordstrom

Mr. Lars G. Nordstrom has been Independent Vice Chairman of the Board of Nordea Bank AB since March 16, 2017. He has been Independent Member of the Board of Directors at the Company since 2003. He is Member of the Company's Risk Committee. He acted as President and Chief Executive Officer (CEO) of the Company from 2002 to April 13, 2007. He is currently Chairman of the Board of Directors of Vattenfall AB and the Finnish-Swedish Chamber of Commerce and Member of the Board of Directors of Viking Line Abp and the Swedish-American Chamber of Commerce and the Centre for Business and Policy Studies (SNS). He is also Member of the Royal Swedish Academy of Engineering Sciences (IVA) and Honorary Consul of Finland in Sweden. Previously, between 2008 and 2011, he served as President and Group Chief Executive officer (CEO) of Posten Norden AB. He was Member of the Board of Directors of TeliaSonera AB from 2004 to 2010, and Chairman of the Board of Directors of the Royal Swedish Opera from 2005 to 2009. He held various Executive Management positions within Nordea Group from 1993 to 2002, and within Skandinaviska Enskilda Banken from 1970 to 1993, including Executive Vice President in 1989. He studied Law at Uppsala University.

Christopher Rees

Mr. Christopher Rees has been appointed Group Chief Financial Officer, Head of Group Finance & Treasury and Member of Group Executive Management at Nordea Bank AB effective as of March 1, 2018. Christopher Rees joined Nordea in 2015 as COO for Wholesale Banking and most recently held the roles of Deputy Head of Wholesale Banking and Head of Nordea Markets. Christopher has had an impressive career in the financial services sector since 1996. Before joining Nordea he held senior positions in investment banking, capital markets and risk at Barclays, Morgan Stanley and Merrill Lynch.

Karen Tobiasen

Ms. Karen Tobiasen has been appointed Chief People Officer and Member of the Group Executive Management of Nordea Bank AB, effective as of July 1, 2016. Karen comes most recently from a position as Chief HR Officer at Philips Lighting where she held the overall responsibility for HR & Transformation globally for Philips Lighting, a division within the Royal Philips Group. Prior to Philips Lighting Karen held a number of senior international roles at SAP EMEA, most recently as Senior Vice President, HR & Transformation.

Erik Ekman

Mr. Erik Ekman has been Executive Vice President, Head of Commercial and Business Banking and Member of the Group Executive Management at Nordea Bank AB since November 21, 2016. He was Executive Vice President, Head of Wholesale Banking and Member of the Group Executive Management at the Company from November 1, 2015. He has held several positions at Nordea Markets within Wholesale Banking since he joined Nordea in 2008. Most recently he held the position as Co-Head of Markets FICC.

Topi Manner

Mr. Topi Manner has been Executive Vice President, Head of Personal Banking and Member of the Group Executive Management of Nordea Bank AB since July 1, 2016. He no longer serves as Head of Banking in Finland and Baltics at the Company effective as of July 1, 2016. He has held this position since 2012. He has been with Nordea (formerly Merita) since 1998 and has had several leading positions within Retail Banking since then. He has since 2015 also been CEO of Nordea Bank Finland.

Martin Persson

Mr. Martin Persson has been Executive Vice President, Head of Wholesale Banking and Member of the Group Executive Management of Nordea Bank AB since November 21, 2016. He has held the position as Co-Head of Markets Equities since he joined Nordea in 2012.

Snorre Storset

Mr. Snorre Storset has been Executive Vice President, Head of Wealth Management and Member of the Group Executive Management of Nordea Bank AB since February 1, 2016. He has previously been Deputy Head of Wealth Management and Member of the Group Executive Management at Nordea Bank AB since November 1, 2015, and Chief Executive Officer of Nordea Bank Norge ASA from January 14, 2016. He has held the position as Head of Nordea Life & Pensions since 2012. He holds a Master of Science degree in Economics and Business Administration from Norwegian School of Economics, Bergen.

Matthew Elderfield

Mr. Matthew Elderfield has been appointed Group Compliance Officer and Head of Group Compliance and Member of Group Executive Management of Nordea Bank AB effective as of November 9, 2016. Mr. Matthew Elderfield was Global Head of Compliance at Lloyds Banking Group where his role covered all business areas, ie Retail, Wholesale and Wealth, and The Financial Crime unit. Prior to Lloyds Banking Group, he held a number of senior international regulatory roles, most recently as Deputy Governor of the Central Bank of Ireland when he also served as Deputy Chairman of the European Banking Authority and as a member of the Managing Board of the European Insurance and Occupational Pensions Authority. He holds a Bachelor of Science degree from the School of Foreign Service, Georgetown University in Foreign Service (1987), a M. Phil. degree from Trinity Hall, Cambridge University in International Relations (1988), and completed a Corporate Finance Program at London Business School (2011-2013).

Julie Galbo

Kari Ahola

Mr. Kari Ahola has served as Employee Representative on the Board of Directors of Nordea Bank AB since May 1, 2017. He was previously Director, Employee Representative from April 30, 2015 until October 31, 2016. From November 1, 2014 until April 30, 2015 and from November 1, 2016 till April 30, 2017 he was Deputy Member, Employee Representative on the Company’s Board and from April 30, 2013 until November 1, 2014 Employee Representative on the Company’s Board. He has also been Employee Representative on the Company’s Board between 2006 and November 1, 2012, and Deputy Member, Employee Representative on the Company’s Board between November 1, 2012 and April 30, 2013.

Dorrit Groth Brandt

Nigel Hinshelwood

Torbjorn Magnusson

Hans Riise

Mr. Hans Christian Riise has served as Employee Representative on the Board of Directors of Nordea Bank AB since November 1, 2017. He previously was Director, Employee Representative from October 31, 2015 till April 30, 2017. From May 1, 2015 until October 31, 2015 and from May 1, 2017 till October 31, 2017 he was Deputy Employee Representative on the Board and had served as Employee Representative on the Company’s Board of Directors from March 14, 2013.

Pernille Erenbjerg

Ms. Pernille Erenbjerg has been Independent Director at Nordea Bank AB since March 16, 2017. She is Member of the Audit Committee. She holds Master of Science in Business Economics and Auditing and is State Authorized Public Accountant. She serves as Group CEO and President of TDC A/S, as well as Board Member of DFDS A/S and Genmab A/S. She previously was Group Chief Financial Officer (2011-2015) and held various management positions (2003-2011) at TDC A/S. She was also partner at Deloitte Touche Tohmatsu (2002-2003) and Auditor at Arthur Andersen (1987-2002).

Robin Lawther

Ms. Robin Lawther has been Independent Member of the Board of Directors of Nordea Bank AB since March 20, 2014. She is Chairman of the Remuneration Committee. She has Bachelor of Arts degree with Honors in Economics from the University of North Carolina at Chapel Hill and Master of Science in Accounting and Finance from the London School of Economics. She worked for J.P. Morgan for the period from 1985 until 2012 in a number of senior positions, including Head of Wealth Management for Southeast USA (2011-2012), Head of Investment Banking for the Nordic Region (2007-2011) and Head of Mergers & Acquisitions Execution for European Financial Institutions (2005-2007), among others. She is board member of Oras Invest Ltd and UK Government Investments Limited.

Sarah Russell

Ms. Sarah Russell has been Independent Member of the Board of Directors at Nordea Bank AB since March 25, 2010. She has is Chairman of the Company's Audit Committee. She is also Chief Executive Officer (CEO) of Aegon Asset Management and Board member of several group companies, Vice Chairman of the Supervisory Board of La Banque Postale Asset Management SA and Member of the Supervisory Board of Nederlandse Investeringsinstelling NV. She also serves as Board Member of the American Chamber of Commerce in the Netherlands and Chairman of the Board of Aegon Asset Management Holdings BV and member of the Management Board of Aegon NV. Between 1994 and 2008, she held various positions within ABN AMRO from 2006 to 2008, she was Senior Executive Vice President and CEO of ABN AMRO Asset Management; from 2004 to 2005, she was Managing Director and Chief Financial Officer (CFO) of Wholesale Clients Business Unit; from 2002 to 2004, she was Global Head of Financial Markets Research and Global Head of Infrastructure Support; from 2000 until 2002, she was Business Manager to Senior Executive Vice President of Global Financial Markets; from 1998 to 2000, she was Director and Head of Corporate Sales Australia and New Zealand; from 1997 to 1998, she was Director and Head of Commodities in Sydney, and from 1994 to 1997, she was Associate Director and Director of Treasury Sales in Sydney. Between 1981 and 1994, she held various positions within Toronto Dominion Australia Limited in a number of Trading, Sales and Management roles in Financial Markets. She holds a Master of Applied Finance degree.

Silvija Seres

Ms. Silvija Seres has been Independent Member of the Board of Directors of Nordea Bank AB since March 19, 2015. She is also Member of the Company Risk Committee. She holds Master of Business Administration from INSEAD, Doctorate in Philosophy in Mathematical Science and Master of Science degree in Computer Science. She is also Board Member of Academedia AB, DNV GL Group AS, Oslo Bors VPS Holding ASA, Oslo Bors ASA and Syncron International AB, , Norsk rikskringkasting AS, Stiftelsen Det Norske Veritas, Oslo Business Region AS, Simula Research Laboratory AS, and the Kavli Trust, as well as Chairman of the Board of Polyteknisk Forening. She is also Member of the Corporate Assembly (Nor. Bedriftsforsamlingen) of Telenor ASA. Previously, she was Managing director of TechnoRocks AS (2011-2016), Director of Business Management at Microsoft Development Center, Norway (2008-2011), Vice President for Services Strategic Development, Product Marketing and Strategic Development at Fast Search & Transfer ASA (2004-2008), among others.

Birger Steen

Mr. Birger Steen has been Independent Member of the Board of Directors of Nordea Bank AB since March 19, 2015. He is Chairman of the Operations and Compliance Committee. He holds Master of Science degree in Computer Science from Norwegian Institute of Technology, Trondheim and Master of Business Administration degree from INSEAD. He was CEO of Parallels, Inc. from 2011 till 2016. He serves as Board Member of Schibsted ASA and Nordic semiconductor ASA, as well as Member of the Board of Trustees of the Nordic Heritage Museum in Seattle. Previously, he was Vice President of Worldwide SMB & Distribution at Microsoft Corporation (2009-2010), General Manager of Microsoft Russia (2004-2009), General Manager of Microsoft Norge (2004-2002), among others.

Maria Varsellona

Ms. Maria Varsellona has been Independent Director at Nordea Bank AB since March 16, 2017. She is Member of the Operations and Compliance Committee. She holds Law degree (Juris Doctor). She is Board Member of Alcatel-Lucent Shanghai Bell and Chief Legal Officer and member of the Group leadership Team in Nokia Corporation. Previously, she was Group General Counsel and member of the Executive Board of Nokia Siemens & Networks (201302014), Group General Counsel and Member of the Global Leadership Team of Tetra Pak, Tetra Laval Group (2011-2013) and Group General Counsel and member of the Global Leadership Team Sidel at Tetra Laval Group (2009-2010), among others.

Rodney Alfven