Chief executive officer of Nordea Finance, Jukka Salonen, is to become chief operating officer of parent company, Nordea Group.

This follows 15 years at Nordea Finance, including over seven years in his current role as chief executive, following a move from Merita Finance Oy.

Commenting on his move, Salonen said: "We have a strong customer base and we have grown from number 18 to number 7 in the Leaseurope ranking during the last 7 years. Nordea Finance is in great shape and investing in the future, developing processes and products by building new platforms. That is why I feel comfortable taking up the new position."

Sjur Loen, head of Nordea Finance Norway, will become acting head of Nordea Finance, and the company intends to begin the process for a new permanent chief executive officer of Nordea Finance ‘soon’.

Commenting on his time in the leasing industry, Salonen said: "I am also satisfied with the way the leasing industry has developed its foothold. With 8 years on the Leaseurope Board, twice as Chairman, I have had the opportunity to be close to the heart of the industry and been able to impact the direction of our industry. I will continue to chair Leaseurope until the end of October."

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