Nordea appoints Head of Group Support and Procurement

Nordea appoints Head of Group Support and Procurement Gert Aage Nielsen (48) has been appointed Head of Group Support and Procurement in Nordea and will assume his new responsibilities immediately. The new common support and procurement organisation is established within Group Staffs.The unit will consolidate general support services and procurement on Group level, not primarily related to business activities, to increase benefits of scale and efficiency. Gert Aage Nielsen has held several management positions in Nordea, most recently CFO in Nordea Securities. He holds a PhD in Economics from the University of Copenhagen. For further information: Peter Schütze, Head of Group Staffs, +45 33 33 42 00 Erik Evrén, Head of Group Media Relations, +46 8 614 86 11 Nordea is the leading financial services group in the Nordic and Baltic Sea region and operates through three business areas: Retail Banking, Corporate and Institutional Banking and Asset Management & Life. The Nordea Group has more than 10 million customers and 1,245 bank branches. Nordea is present in 24 countries. The Nordea Group is a world leader in Internet banking, with 3.1 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/2002/10/21/20021021BIT00890/wkr0001.doc http://www.waymaker.net/bitonline/2002/10/21/20021021BIT00890/wkr0002.pdf

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