By Dominic Chopping


Nordea Bank Abp said Thursday that it has appointed Mark Kandborg as chief risk officer and a member of the group leadership team as of April 1.

Mr. Kandborg is currently deputy head of the bank's large corporates and institutions business and has worked at Nordea for 26 years, having held several senior roles including acting chief financial officer and head of group finance as well as head of treasury and asset and liability management.

The appointment is subject to regulatory approval and the change will take effect on April 1, it added.

Nordea said its current chief risk officer, Matthew Elderfield, has decided to return to the U.K. after more than five years at the bank.


Write to Dominic Chopping at dominic.chopping@wsj.com


(END) Dow Jones Newswires

01-20-22 0309ET