Nordea has solid banking expertise in the Finnish real estate and construction sector, and will centralise its services to companies in this sector into a single new unit in Corporate Merchant Banking Finland. Timo Nyman has been appointed head of this new unit called Real Estate & Construction.
Nordea decided to centralise its business knowledge of the real estate and construction sector to better serve its customers. The aim is to create new solutions to meet the needs of this segment throughout the production chain.
- Real estate and construction is an important customer segment for our bank. Our operations are based on understanding customers’ business and the specific needs of this sector. Due to the change we can further improve our service quality and competitiveness, says Olli-Petteri Lehtinen, Head of Corporate Merchant Banking Finland.
At the same time, Nordea advances its position as a bank serving Finnish and international real estate investors.
Timo Nyman appointed as head of a new unit
Timo Nyman, 46, has been appointed Head of Real Estate & Construction, and will start in his new position on 1 March 2010.
Most recently Timo Nyman acted as a real estate specialist in the Workout Unit in Nordic Investment Bank. Before that he held the position of Regional Head of the Nordic countries in the German HSH Real Estate AG, which is specialised in real estate financing and investment consultancy. Nyman has also acted for long as HSH Nordbank AG’s Country Manager in Finland.
For further information:
Olli-Petteri Lehtinen, Head of Corporate Merchant Banking Finland, +358 9 165 52000
Kati Tommiska, Group Identity & Communications, +358 9 165 42320