New Norwegian head of Handelsbanken | Finansavisen

Arild Andersen has now finished as head of Norway at Handelsbanken, it is stated in a stock exchange announcement.

He is now moving into a position as senior adviser to the bank’s CEO, Michael Green.

Andersen will be replaced by Marion Ulander, who will temporarily hold the position until a permanent replacement is in place. She takes office on 1 May.

– After a review of our Norwegian operations, we have decided to carry out a strategic restructuring. When we now increase the pace of the change work, it is natural to have a new management. I look forward to continuing the collaboration with Arild in his new role, says Michael Green in a comment.

Quarterly figures

Handelsbanken has also presented its figures for the first quarter.

Storbanken reports interest income of SEK 11.6 billion, a marginal 1 percent increase on the same period last year. Profit before loan losses came in at 8.8 billion, down 4 percent from 9.2 billion in the first quarter of 2023.

In the same period, Handelsbanken Norge had a net interest income of SEK 1.2 billion, up 5 per cent from SEK 1.1 billion in the first quarter of last year. Profit before losses on loans amounted to NOK 658 million, down 8 per cent from NOK 719 million in the same period the previous year.