Nordea appoints new members of Group Executive Management

Erik Ekman is appointed new Head of Wholesale Banking and Snorre Storset is
appointed new Deputy Head of Wealth Management. Both are appointed new members
of Group Executive Management (GEM).

Erik Ekman (46) has held several positions at Nordea Markets within Wholesale
Banking since he joined Nordea in 2008. Most recently he held the position as Co
-Head of Markets FICC.

Snorre Storset (43) has held the position as Head of Nordea Life & Pensions
since 2012. He will in addition to becoming Deputy Head of Wealth Management
head a new Private Banking unit combining the Private Banking units in Denmark,
Finland, Norway, Sweden and International.

- With the appointment of Erik and Snorre we have a very strong executive team
in place. They have shown strong leadership in their previous positions, and
their experience and competence will be a valuable contribution in the continued
successful development towards the Future Relationship Bank, says Casper von
Koskull, Group CEO.

The changes are in effect as of 1 November.

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).