Nordea appoints new Group CEO and new Group COO


The Board of Directors of Nordea Bank AB (publ) has appointed Casper von Koskull
new president and Group CEO and Torsten Hagen Jørgensen new Group COO and deputy
Group CEO.

The new leadership team will succeed Christian Clausen who has decided to step
down after more than 8 years as CEO of Nordea. The change will take effect 1
November 2015. Christian Clausen will continue in an advisory role until the end
of 2016, when he will retire.

Casper von Koskull (54) joined Nordea in 2010 as head of Wholesale Banking and
member of Group Executive Management. He came to Nordea following a long career
in international banking in Frankfurt, New York and London, most recently as
Managing Director and Partner at Goldman Sachs.

Torsten Hagen Jørgensen (50) has held the position as head of Group Corporate
Centre and Group CFO in Nordea since January 2013. He joined the bank in 2005
and has been a member of Group Executive Management since 2011.

- I would like to thank Christian Clausen for his invaluable contribution to
Nordea’s development into a large, successful international bank. His
leadership, customer focus and international outlook are unmatched in banking. I
have enjoyed our cooperation the past 4 years, and I am very happy that
Christian will accept to be nominated to the Board of Sampo, Nordea's main
shareholder. I fully respect his decision to step down as CEO now, and I wish
him the best in the next phase of his active career, says Björn Wahlroos,
chairman of the Board of Directors.

The appointments are the outcome of a thorough process run by the Board of
Directors.

- With the appointment of Casper von Koskull and Torsten Hagen Jørgensen Nordea
will have the ideal team to lead Nordea successfully going forward, combining
world class relationship banking and operational excellence competences, says
Björn Wahlroos.

- We look forward to continuing the work to create the Future Relationship Bank.
It will be a continuation of our strong customer focus and the crucial focus on
compliance as well as on simplification of our processes, cooperating as one
Nordea team with our colleagues across the bank, says Casper von Koskull.

For further information:
Claus Christensen, Head of Group Communications, +45 25 24 89 93

The information provided in this press release is such that Nordea is required
to disclose pursuant to the Swedish Financial Instruments Trading Act (1991:980)
and/or the Swedish Securities Markets Act (2007:528).

Attachments

08111344.pdf