Erlandsson New Head of Markets at Nordea

Philip Erlandsson, current Nordea Markets country lead for Sweden and head of fixed income sales, has been appointed head of Nordea Markets with effect from 1 August. He replaces Thorodd Bakken, who, the bank says, has decided to pursue a new chapter in his career and will be leaving Nordea later this year.

“Our Markets business is in excellent shape, customer activity is high and we have a clear strategic plan,” says Martin Persson, head of large corporates and institutions at Nordea Markets. “With the appointment of Philip Erlandsson as head of markets, we will continue our successful route towards our 2025 targets. I look forward to welcoming Philip to our leadership team, and I am both proud and excited that our focused work on talent and succession management enables us to recruit a talented leader for this senior position within our own organisation.

“Thorodd has done a magnificent job in streamlining and growing our Markets business, and is leaving behind a very strong unit,” he continues. “I am sorry to see Thorodd leave Nordea, and I want to extend my sincere gratitude and appreciation for his contributions to Nordea over the past 10 years.”