Information on Nordea Bank Finland Plc
Nordea Bank Finland Plc is Nordea Group's subsidiary in Finland. Nordea is working on simplifying its legal structure with the aim to merge the subsidiary banks with the Swedish parent company. The aim is to reduce complexity in the bank and to make it possible for Nordea to operate truly as one Nordic bank.
Nordea is a Nordic bank with a wide range of local operations across Finland.
The change in legal structure will not affect customers or lead to changes in the bank's Finnish operations. Read more about the change: Simplification of legal structure
Address: Satamaradankatu 5, FI-00020 NORDEA, Finland
Business Identity Code: 1680235-8Telephone (exchange) +358 9 1651
Fax +358 9 163 20002
The Ministry of Finance has granted the bank the operating licence no. 1/414/2001. Nordea Bank Finland Plc's business is supervised by the European Central Bank (ECB), FINOR, JST Coordinator / Director General DG/MS I, Sonnemannstrasse 22, 60314 Frankfurt am Main, Germany, tel +49 69 1344 0, fax +49 69 1344 6000. National Competent Authority (NCA) is the Financial Supervisory Authority, Snellmaninkatu 6, PO Box 159, FI-00101 Helsinki, tel +358 9 183 51, fax +358 9 183 5328.
The bank is a commercial bank member of the Federation of Finnish Financial Services, address Itämerenkatu 11-13, FI-00180 Helsinki, tel +358 20 7934 200, fax +358 20 7934 202.
Nordea's branch regions in Finland
In Finland, the personal banking business operations led by Jussi Mekkonen, who cooperates with Riikka Laine-Tolonen, Deputy Head of Personal Banking. Together they are responsible for Personal Banking’s personal customer segments.
The Commercial & Business Banking business area serves Nordea’s corporate customers. Business Banking’s corporate areas, which serve small and medium-sized companies, are led by Sampsa Laine. Pekka Nuuttila is in charge of Commercial Banking’s corporate banks which serve medium-sized and large corporate customers.
(Nordea’s largest corporate customers are served in the Wholesale Banking business area.)
Jussi Mekkonen, Head of Personal Banking Finland
- Helsinki, Surroundings: Janne Karjalainen
- South-Eastern Finland: Antti Hyvärinen
- Helsinki City Centre: Minna Parhiala
- Branch regions Circles (previously Espoo and Vantaa): Jorma Pirinen
- Capital Area, Surroundings: Antti Valtanen
- Nordea 24/7 and online branches: Sari Tempakka
Riikka Laine-Tolonen, Deputy Head of Personal Banking Finland
- Central Finland: Mikko Pakarinen
- South-Western Finland: Miikka Salminen
- Ostrobothnia: Kristian Ranta
- Northern Finland: Pekka Koskela
- Sata-Häme: Elina Lampinen-Kinnari
- Savo-Karelia: Riitta Patja
Sampsa Laine, Head of Business Banking Finland
- Helsinki: Jarmo Törhönen
- Uusimaa: Annamarja Paloheimo
- South-Eastern Finland: Henry Udd
- Central and Eastern Finland: Jussi Rieppo
- South-Western Finland: Jan Söderholm
- Ostrobothnia: Timo Kalliomäki
- Northern Finland: Sami Heikkilä
- Sata-Häme: Mika Nieminen
Pekka Nuuttila, Head of Commercial Banking Finland
- Corporate Bank Helsinki: Markku Fränti
- Corporate Bank South-Eastern Finland: Timo Rantanen
- Corporate Bank Central and Eastern Finland: Mika Hasu
- Corporate Bank Ostrobothnia: Thomas Lempiälä
- Corporate Bank Northern Finland: Jarmo Rankinen
- Corporate Bank Sata-Häme: Ari Lamberg
- Corporate Bank Uusimaa: Iiro Korander
- Corporate Bank Varsinais-Suomi: Marko Lehtosalo
Jukka Perttula: Private Banking Finland
Members of the Board of Nordea Bank Finland Plc and their resumésOpens new window
- Heikki Ilkka, Chairman, member since 2016
- Erik Ekman, Vice Chairman, member since 2016
- Tom Johannessen, member since 2016
- Carl-Johan Granvik, member since 2012
Nordea Bank Finland Plc's and Nordea Funds Ltd public insider register
To promote general reliability of the securities market and in order to prevent misuse of the securities market, the information of the security holdings of people included in the insider register is public. As a provider of investment service or as an investment fund company Nordea has a legal obligation to keep a register of its persons under obligation to report.
Euroclear Finland Oy keeps the public insider register of Nordea Bank Finland Plc and Nordea Funds Ltd available for viewing. The register of holders of units in funds managed by Nordea Funds Ltd is available for viewing at Nordea Funds Ltd.
Nordea Funds Ltd (visiting address Aleksis Kiven katu 7, 00500 Helsinki)
A person wishing to receive an extract from the fund register is kindly asked first to contact phone number +358 9 5300 7737.
Governance arrangements and remuneration
Nordea Bank Finland Plc (NBF) complies with the requirements laid down for corporate governance arrangements in Chapter 7, section 1, of the Act on Credit Institutions.
The Board of NBF approves the risk strategy and other strategic goals as well as sees to it that the surveillance of the goals and strategy is reliable.
The risk-taking and risk management systems of NBF comply with the requirements laid down in Chapter 9 of the Act on Credit Institutions.
Board composition and work
NBF complies with the requirements laid down in Chapter 7, section 2, of the Act on Credit Institutions regarding the composition and work of the Board.
The Board has approved a policy for the bank in order to advance the composition of the Board. Sufficient diversity shall be considered as to education, competence and professional experience of an individual member as well as of the Board as a whole. With regard to the Board as whole, such aspects as gender, age and the members' countries of origin are considered. Sufficient diversity will guarantee that different opinions and experience will be represented on the Board. The Board has approved equal gender distribution on the Board as one of NBF's targets and drawn up a policy for meeting the target.
Committees of the bank
The Board of NBF has the following committees consisting of board members: nomination committee, remuneration committee, risk committee and audit committee. Each committee has tasks set out to it in the Act on Credit Institutions.
|The composition of the committees|
|Nomination committee||Heikki Ilkka (chairman)
|Remuneration committee||Heikki Ilkka (chairman)
|Risk committee||Carl-Johan Granvik (chairman)
|Audit committee||Carl-Johan Granvik (chairman)
Reliability and competence as well as time disposition of the management
NBF complies with the requirements laid down in Chapter 7, section 4, of the Act on Credit Institutions regarding reliability and competence of the management and the requirements laid down in Chapter 7, section 5, regarding time disposition.
The President of NBF has established a management group to assist and support him in the management of the daily operations of NBF. The management group consists of the President, the CFO of NBF, the CRO of NBF, the Head of Wholesale Banking Finland and the Head of Wealth Management Finland.
The Board of NBF has a remuneration committee which task is to assist the Board of NBF in decisions regarding governance of remuneration systems.
For the rest the report on the compliance with the provisions of Chapter 8 of the Act on Credit Institutions is found hereOpens new window.
Independent risk control function
NBF has in independent risk control function which head is CRO Sari Lindqvist.