Nykredit Portfolio Administration hires new CEO

The former chief operations officer at Nordea Asset Management is set to become new CEO of Nykredit Portfolio Administration.

Erling Skorstad will start as CEO of Nykredit Portfolio Administration in August | Photo: PR / Norde Asset Management

Nykredit Portfolio Administration (Nykredit Portefølje Administration) has hired Erling Skorstad as new CEO, replacing Martin Udbye Madsen who has quit his position and will leave at the end of August 2021. Skorstad starts in mid-August.

Nykredit Portfolio Administration handles middle and back office operations tied to the administration of investment fund companies and asset owners' assets.

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