Nordea AM names replacement for outgoing CEO Hyldahl

Nils Bolmstrand becomes new head

Nordea Asset Management has appointed Nils Bolmstrand to replace outgoing CEO Christian Hyldahl.

Hyldahl, previous CEO of Nordea's fund management arm, is joining Denmark's statutory pension fund ATP as chief executive at the start of next year. Bolmstrand (pictured), who currently heads up Nordea Life & Pensions, will take on the role as Hyldahl's replacement as of 1 January 2017. Bolmstrand has previously held managerial positions within Nordea Asset Management and the asset management division of Skandia and Old Mutual. Snorre Storset, head of Nordea Wealth Management, said: "Nils is the right person to maintain the very strong momentum and development of Nordea Asset Mana...