Nordea (CPH:NDA) Fredrik Rystedt (44) will as at 15 September 2008 take up his new position as Head of Group Corporate Centre and Chief Financial Officer and member of Group Executive Management of Nordea.

Fredrik Rystedt has been Senior Vice President and Chief Financial Officer for Electrolux Group since 2004. He will replace Arne Liljedahl, who as previously communicated will leave Nordea by the end of the year.

Composition of Group Executive Management

As at 15 September 2008 the composition of the Nordea Group Executive Management is as follows:

Christian Clausen, President and Group CEO Carl-Johan Granvik, Head of Group Credit & Risk Control, Chief Risk Officer (CRO) and Country Senior Executive in Finland Ari Kaperi, Head of Institutional & International Banking Frans Lindelöw, Head of Banking Sweden and Country Senior Executive in Sweden Michael Rasmussen, Head of Banking Products & Group Operations Fredrik Rystedt, Head of Group Corporate Centre and CFO Peter Schütze, Head of Nordic Banking and Country Senior Executive in Denmark Gunn Wærsted, Head of Capital Markets & Savings, Head of People & Identity and Country Senior Executive in Norway.

For further information: Torben Laustsen, Head of Group Identity & Communications, +46 8 614 7916



LINK: http://hugin.info/1151/R/1246988/269887.pdf

Nordea

http://www.nordea.com

ISIN: SE0000427361

Stock Identifier: XOME.NDA

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