Nordea launches new long-term bonus program for a number of executives

Nordea has implemented a long-term incentives program for nine top executives at the bank.

Photo: Ints Kalnins/Reuters/Ritzau Scanpix

Nordea has started a new incentives program for its CEO and eight other members of its executive team.

"The board believes that an equity-based, long-term incentives program will mean that the top executives will have even more shared interests with clients. We believe that this will improve value creation," says Torbjörn Magnusson, chairman of the board at Nordea, in a statement to the stock exchange.

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