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Nordea Bank appoints new head of asset management

Nordea Bank AB (publ) named Nils Bolmstrand head of Nordea Asset Management, effective Jan. 1, 2017.

Bolmstrand most recently headed Nordea's life and pensions business. Johan Nystedt will replace Bolmstrand in that role on an acting basis while continuing to serve as head of Nordea's Swedish life and pensions business.

Bolmstrand will replace Christian Hyldahl, who is to become CEO of Denmark's ATP Arbejdsmarkedets Tillaegspension.