Nordea has appointed Thorben Sander, currently Head of International Private Banking in Luxembourg and CEO of Nordea Bank S.A. Luxembourg, as Head of Private Banking. Thorben Sander will lead the five private banking units in Denmark, Finland, Norway, Sweden and Luxembourg with approximately 1,300 employees.
“Thorben Sander has an outstanding track record within Nordea, and he has most recently designed and implemented a new strategy for International Private Banking. He is an excellent leader with a strong customer focus and capacity to think and act on a strategic level”, says Snorre Storset, Head of Wealth Management.
Thorben Sander is Danish, 42 years old, and has been with Nordea for more than 20 years in various management positions within investments and savings. He holds a graduate diploma in Finance from Copenhagen Business School and management diplomas from INSEAD, London Business School and IMD.
“I’m looking forward to working with Private Banking across Nordea. Together we will strive to deliver on our ambition to be the leading private bank in each Nordic market and the leading Nordic private bank internationally. It is ambitious – but this is the position Nordea should own, and I’m happy that we already have strong recognition from Euromoney and others that we are well on track to deliver on this”, says Thorben Sander.
Thorben Sander takes over as Head of Private Banking from 1 April from Snorre Storset, who as from 1 February was appointed Head of Wealth Management in Nordea. Thorben Sander remains Head of International Private Banking and CEO of Nordea Bank S.A. Luxembourg until a replacement has been found.
Nordea Private Banking is a top 20 private bank in Europe in terms of size. It is the largest in the Nordic region with EUR 90 billion in assets under management and about 115,000 customers are served by 900 private bankers located at 80 branches.
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