Nordea increases presence in Singapore
Kim Nielsen, Head of the Bank’s Private Banking entity in Singapore.
Nordea Bank is the largest financial services group in Northern Europe.
The Bank, active in Singapore for more than 35 years, has been continuously increasing its presence in the city-state. Since 2013, Nordea’s full-service Private Banking entity has been delivering services to customers in the Lion-city.
“We are here to serve the growing community of Nordic individuals in Asia”, says Kim Nielsen, Head of the Bank’s Private Banking entity in Singapore. “Nordic businesses are growing here and Singapore is attracting more Nordic professionals who are looking to live and work in the region”.
Christian Clausen, President and Group CEO of Nordea Bank since 2007, recently visited Singapore. Clausen was President of the European Banking Federation(EBF) from 2011-2014 and is one of only two Presidents in the EBF’s history to hold the position twice.
The Chief Executive Officer of Nordea’s International Private Banking division, Thorben Sander, will also visit Singapore this year. In addition to meeting employees, Sander is a keynote speaker at the Strategy Forum Banking seminar being held in Singapore on May 13 and 14.
“Asia, with Singapore as a central hub, is growing in importance,” says Nielsen. “These two high level visits demonstrate Nordea’s commitment to the region and the offer we want to extend to our clients”.
Nordea’s clients are served by a dedicated private banker with an external network of international specialists to complement their own expertise in areas such as wealth and inheritance planning. Being agile and close to clients in Singapore is something which both Nordic and Asian clients have come to appreciate and Nordea is continuing to successfully strengthen its presence in Singapore.