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Nordea unexpectedly fires two of the most senior managers in Nordea Markets, and Denmark's AP Pension is revealed to pay 16 million DKK, or 2.2 million EUR, to its former Chief Executive.

Photo: Nordea

Nordea fires two top bosses in Markets

Friday, March 10, Nordea Markets' global head of trades and global head of trade in currencies, bonds, derivatives, and structured products among other things were fired on the spot. According to FWAM's information, the two bosses, FICC head Kenneth Steengaard and Head of Global Trading Erik Bo Hansen, were called to an unscheduled meeting in which they were dismissed on the spot and asked to have their desks emptied by Monday. These two men were two of the highest ranking bosses in Nordea Markets, which is something of a prize asset to Nordea. Nordea confirms the dismissals, saying that the reason behind is the need for change, particularly in FICC, which stands for Fixed Income, Commodities and Currencies, which is th biggest department in Nordea Markets. The new Head of Fixed Income, Commodities and Currencies appointed in Nordea Markets is Christopher Rees, who will at the same time continue in his position as deputy head of Wholesale Banking. The new Global Head of Trading is Henrik Käll, who comes from a position as head of sales and research at Nordea Markets Sweden. His successor has not yet been found.

AP management paid 16 million DKK to retiring CEO

Søren Dal Thomsen received a total of three years' salary and pension in connection with his retirement from his poition as CEO at AP Pension – and this is despite the fact that, according to the company, he left voluntarily. "This is completely following the contract," says executive chairman Niels Djengsø Jensen to FWAM.

Pensiondanmark Properties brings in new manager from Alectia

On April 1, Mia Manghezi takes office as Project Development Manager at Pensiondanmark Properties, the pension fund states in a comment to EjendomsWatch. Mia Mangehzi comes from a position as area manager for counseling at engineering firm Alectia.



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