STOCKHOLM: The Board of Directors of Nordea Bank Abp has appointed Frank Vang-Jensen as new President and Group CEO as of September 05, 2019.

Frank Vang-Jensen is currently Head of Personal Banking for the Group and a member of Group Executive Management (GEM).

Frank Vang-Jensen is passionate about banking and understands the important role of banks in society.

“We are very happy to have concluded the internal and external search process with an optimal outcome – Frank Vang-Jensen is an experienced professional capable of leading Nordea with immediate effect. We look forward to starting working with Frank Vang-Jensen to continue our journey towards growth and an improved customer experience,” says Chairman of the Board Torbjörn Magnusson.

Frank Vang-Jensen (51) joined Nordea in 2017 as Head of Personal Banking and Country Senior Executive for Nordea in Denmark. In 2018 he was promoted to Head of Personal Banking and member of Group Executive Management.

Frank Vang-Jensen will continue to head Personal Banking until a replacement is announced. Prior to Nordea, Frank Vang-Jensen worked at Handelsbanken for many years, most recently as President and CEO. He holds a degree from Copenhagen Business School. The appointment is subject to authority approval.