Generation shift in Nordea Zycie

Generation shift in Nordea Zycie Nordea Zycie, part of the Nordea Group's life insurance business in Poland, appoints new managing director From 1 December 2001, Pawel Miller will be the new man at the helm in Nordea Zycie, and he assumes this position having formerly served as president and CEO of AMC Poland. Pawel Miller, aged 35, has past experience in both banking and insurance, as sales director at Citibank in Poland and as business development director and regional director with the life insurance company Nationale Nederlanden in Poland. - We now appoint a new manager so that new blood can ensure continued growth at Nordea Zycie. The present managing director, Janusz Staniszewski, has held this position in the company since early 1994 and has built the company to what it is today. Our new managing director will be responsible for taking the company further and for consolidating Nordea's position in Poland, says Ib Mardahl-Hansen, chairman of the Board of Directors of Nordea Zycie and head of Life Insurance and Pensions in Nordea. Simultaneously with the new appointment, Janusz Staniszewski, aged 62, is to join the Board of Directors of Nordea Zycie. Nordea Zycie, previously Heros Life, forms part of the Nordea Group's life insurance business. The company was established in 1994 and is the number ten life insurance company in Poland out of a total of 35. Nordea Zycie has 44 offices nationwide, its head office in Warsaw, 224 employees and more than 68,000 customers., Nordea is also represented in Poland via the general insurance company Nordea Ubezpieczenia (Energo- Asekuracja), Nordea Bank Polska (Bank Komunalny and BWP-Unibank). Further information: Ib Mardahl-Hansen, Chairman of the Board of Directors of Nordea Zycie, +45 44 20 30 10 Troels Brøndsted, Head of Communication, Tryg-Baltica, +45 44 20 30 70 Nordea is the leading financial services group in the Nordic and Baltic Sea region and operates through six business areas: Retail Banking, Corporate and Institutional Banking, Asset Management, Investment Banking, Life Insurance and Pensions and General Insurance. The Nordea Group has nearly 10 million customers, 1,260 bank branches and 125 insurance service centres in 22 countries. The Nordea Group is a world leader in Internet banking, with 2.5 million e-customers. The Nordea share is listed in Stockholm, Helsinki and Copenhagen. www.nordea.com ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2001/10/10/20011010BIT00390/bit0001.doc http://www.waymaker.net/bitonline/2001/10/10/20011010BIT00390/bit0001.pdf

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