Corporate Governance

Strong corporate governance is all about companies having clear and systematic decision-making processes, thus giving clarity concerning responsibilities, avoiding conflict of interests, and ensuring satisfactory transparency. Bussiness' commitment to Nordea's mission and vision requires integration of good corporate governance practices into regular business activities, to ascertain - to the extent possible - that the corporation is both well governed and well managed.

Corporate governance deals with the relationship between the shareholders and the company’s board and CEO/executive management as well as the corporate goals. The corporate governance pages are based on a shareholder perspective as they are prepared in accordance with the requirements in the external framework, including the Swedish Code of Corporate Governance (the Code). The main emphasis is on the Board in its role as the main decision-making body in Nordea’s corporate governance structure and the interaction with the other bodies to ensure good corporate governance.

Source: Annual report 2012

Nordea Bank AB (publ) is a Swedish public limited company, listed on the NASDAQ OMX Nordic, the stock exchanges in Stockholm, Helsinki and Copenhagen. Corporate governance in Nordea follows generally adopted principles of corporate governance. The external framework which regulates the corporate governance work includes the Swedish Companies Act, the Banking and Financing Business Act, the Annual Accounts Act,  the Annual Accounts Act of Credit Institutions and Securities Comapnies, the NASDAQ OMX Nordic rules and the rules and principles of the Code.

Nordea complies with the Code with one exception during 2012. The appointment of the members of the Nomination Committee was made public on 27 September 2012. This was about two weeks later than the stipulated announcement date which according to the Code should be no later than six months before the AGM. The reason for the deviation was practical difficulties in finding a suitable date for the Committee’s statutory meeting. For more information on the nomination process. 

During 2012 the Company has had neither any infringement of the applicable stock exchange rules nor any breach of good practice in the securities market reported by the relevant exchange’s disciplinary committee or the Swedish Securities Council.

Shareholder meetings

Learn more about Nordea's shareholder meetings.
Annual General Meetings  

Board and management

Meet Nordea's Board of Directors and members of Group Executive Management.
Board of Directors Resumés | GEM Management

Corporate governance structure

Learn more about how management and control is divided in Nordea.
Corporate governance structure