Matthew Elderfield appointed Head of Group Compliance

Matthew Elderfield (50) has been appointed Head of Group Compliance and a member
of Group Executive Management. He will join Nordea by 9 November 2016 at the
latest.

- We have set an ambitious target to be best in class regarding regulatory
compliance. Continuing to enforce a strong risk and compliance culture and
making it an integral part of our business model is key to making these efforts
succeed. I’m convinced that Matthew with his extensive international experience
will bring Nordea closer to our ambition in leading our increased focus on
compliance going forward, says Group CEO Casper von Koskull.

Matthew Elderfield is currently Global Head of Compliance at Lloyds Banking
Group where his role covers all business areas, ie Retail, Wholesale and Wealth.
The Financial Crime unit is also part of his responsibility.

Prior to Lloyds Banking Group Matthew Elderfield has held a number of senior
international regulatory roles, most recently as Deputy Governor of the Central
Bank of Ireland when he also served as Deputy Chairman of the European Banking
Authority and as a member of the Managing Board of the European Insurance and
Occupational Pensions Authority.

Johan Ekwall will stay on as acting Head of Group Compliance until Matthew
Elderfield takes up his position.


For further information:
Emma Rheborg, Head of Group External Communications, +46 733 80 22 63


The information provided in this press release is such that Nordea is required
to disclose pursuant to the Swedish Financial Instruments Trading Act (1991:980)
and/or the Swedish Securities Markets Act (2007:528).