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Nordea Bank announces management changes and operational consolidation

Nordea is restructuring its senior leadership team, appointing new heads for banking divisions and merging its risk and compliance units.

2 November 2026
Nordea Bank announces management changes and operational consolidation

Nordea Bank has announced a reshuffle of its executive leadership team. Per Långsved is set to lead Personal Banking starting November 1, 2026, succeeding Sara Mella, who is departing to pursue board-level roles. Additionally, Randi Marjamaa has been named deputy head of Business Banking, effective no later than January 1, 2027.

The bank will also merge its Group Risk and Group Compliance units effective January 1, 2027. Mark Kandborg, currently Chief Risk Officer, will head the consolidated department. Nahale Ståhl Hallengren has been appointed as the new Chief Compliance Officer, while incumbent Jamie Graham will step down from the management team at the end of the year.

CEO Frank Vang-Jensen stated that the adjustments are intended to align operations with the bank's 2030 strategy, focusing on operational efficiency and risk management. The appointments are subject to regulatory approval.

Original source: nordea.com