The head of office, Nigel Crawford, said: “I am delighted to have been at the helm of the Belfast office over the past decade.
Jersey’s reputation as a leading centre for private wealth management has been highlighted for the sixth time, being named ‘International Financial Centre of the Year’ in the annual Citywealth IFC Awards.
While Nordea's financial results for the fourth quarter of 2017 came in well below analyst' expectations, Nordea Asset Management increased operating profit, and contributed EUR 703 million to group operating profit in 2017.
Growth in securities commissions and fees, as well as higher short-term interest rates, helped the segment generate record results in the fiscal first quarter.
This result, together with positive investment returns, increased funds under management by £15.4 billion to £90.7 billion, growth of 20%.