Snorre Storset to lead Nordea's Wealth Management and Norwegian operations

Snorre Storset, 43, will take up the position as Head of Wealth Management as of February 1, 2016, and as the new CEO of Nordea Bank Norge ASA effective January 14, 2016. He succeeds Gunn Wærsted, 60, who is stepping down from her Nordea roles to pursue board positions. Wærsted will remain an adviser at Nordea until her retirement at the end of April 2016.

Nordea Group CEO Casper von Koskull expressed gratitude to Wærsted for her contributions as Head of Wealth Management and CEO of Nordea Bank Norge. He stated that under her leadership, Wealth Management has become an international leader and the primary manager in the Nordics.

Storset joined Nordea in 2010 and previously led Nordea Life & Pensions. Since November 2015, he has served as Deputy Head of Wealth Management and a member of the Group Executive Management. Storset holds an MSc in Economics and Business Administration from the Norwegian School of Economics (NHH).

Von Koskull highlighted Storset's strong leadership in prior roles, stating that his experience is expected to ensure Nordea's continued success as the region's largest and fastest-growing wealth management provider and solidify its position as the leading Nordic bank.