Nordea Proposes Ex-RBS CEO Stephen Hester as Next Chairman
- Hester is also serving as chairman of budget airline easyJet
- He was in charge at RBS at time of the financial crisis
Stephen Hester
Photographer: Chris Ratcliffe/Bloomberg
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Nordea Bank Abp is hiring ex-Royal Bank of Scotland Chief Executive Officer Stephen Hester as chairman of the Nordic region’s biggest bank.
Hester, 61, is set to join the board of the Helsinki-based bank at the next annual meeting, planned for March 24, and become chairman on Oct. 1, it said in a statement on Thursday. Torbjorn Magnusson, chief executive officer of Sampo Oyj, will remain chairman until then.