Casper von Koskull will be retiring from Nordea by end of 2020

19-06-30 13:00 | Stock exchange release

Nordea Bank Abp – Inside information

Given speculation in the market, Nordea can confirm that Casper von Koskull, President and Group Chief Executive Officer, has decided to retire from Nordea Bank Abp by the end of 2020. The Board of Directors of Nordea has initiated the process of finding his successor. Once the process is finalised the exact timeline for the handover will be announced.

Casper von Koskull joined Nordea in 2010 and has been President and Group CEO since November 2015. Casper, born 3 September 1960, will turn 60 in 2020 and has wished to make that the point of retirement following a long and intense career in banking.

“Nordea has entered an exciting phase of its business development, and we are seeing some positive results of the increased customer focus and of using the first digital tools developed on the new, modern platform. We look forward to continuing our intense work together to further increase customer satisfaction, efficiency and business momentum, until the right CEO successor to develop the bank for the future has been found and a smooth handover can be ensured”, says Casper von Koskull, President and Group Chief Executive Officer, and Torbjörn Magnusson, Chairman of the Board of Directors, in a joint statement.

For further information:
Sara Helweg-Larsen, Head of Group Communication and Branding, +45 22 14 00 00

The information provided in this stock exchange release is such that Nordea Bank Abp is required to disclose pursuant to the EU Market Abuse Regulation and was submitted for publication, through the agency of the contact person set out above, at 13.00 CET on 30 June 2019.

We build strong and close relationships through our engagement with customers and society. Whenever people strive to reach their goals and realise their dreams, we are there to provide relevant financial solutions. We are the largest bank in the Nordic region and among the ten largest financial groups in Europe in terms of total market capitalisation with around 11 million customers. The Nordea share is listed on the Nasdaq Helsinki, Nasdaq Copenhagen and Nasdaq Stockholm exchanges. Read more about us on nordea.com.