Nasdaq Nordic Appoints New Chairman and Two Members to its Board of Director - The Industry Spread

Karthik Subramanian

Karthik Subramanian has been a professional trader and fund manager over the last 18 years. He is basically a software developer who made the transition to financial domain around 18 years back as the attractiveness of the financial markets proved too much for him. He lives in Chennai in India along with his wife and son. He began his career as a software developer in 1999 and then gradually moved into the financial industry as he began trading stocks in his pastime. He then moved into the financial markets full time and then shifted his focus to the FX markets due to the liquid nature of these markets. Since then, he has been trading FX diligently and his favourite pair are the EURUSD and EURJPY. Over the last couple of years, he has found blockchain to be of high interest and considering his background in software and finance, he has since assembled a team of highly talented developers who have since worked on a variety of projects like crypto exchanges and blockchain architecturing. Now, he balances his time between trading and commenting on both the FX and crypto markets. He has worked with many publications including FX Street and Finance Magnates, which has helped him gain experience and also recognition across the industry. He loves to write and this passion has helped him to reach out across the FX and crypto industry. Right now, he works on his pet projects in the FX and crypto industry and spends his time writing and managing his blockchain team and helping it to reach higher.

Nasdaq Nordic

Nasdaq Nordic Appoints New Chairman and Two Members to its Board of Director

November 15, 2018
Peter Norman, Chairman Nasdaq Nordic
Peter Norman, Chairman Nasdaq Nordic

American stock exchange, Nasdaq has announced the appointment of new Chairman and two Non-Executive members of the Board of Nasdaq Nordic Ltd.

The exchange has appointed Peter Norman as its new Chairman and Carl Löfgren and Merja Karhapää other two Board members. Current Chairman of Nasdaq Nordic Lars Wedenborn has stepped down from the position in Board after serving for almost 9 years but will remain as a Board Director for Nasdaq, Inc. And, other two members Hans-Ole Jochumsen and Anne Leppälä-Nilsson also stepped down to make way for the new appointees. 

Peter Norman has over three decades of experience in the financial services industry and of the Swedish economy. He has served as a Minister for Financial Markets for the Swedish government and CEO of Seventh Public Pension Fund, AP7, and Director of the Central Bank of Sweden. For taking up the role as Chairman, he is leaving his current assignment in the Nasdaq Nordic Listing Committee.

Other two member, Carl Löfgren has a background of management consultancy and is Investment Manager at Investor AB. He has extensive experience in the financial sector and private equity.

Merja Karhapää is from the Legal background and is  Chief Legal Officer and Company Secretary of Sanoma Group. She has experience in managing Board level responsibilities which she gained from her previous assignments in small listed and non-listed companies.

Lauri Rosendahl, President of Nasdaq Nordic commented: 

“During his nine years on the Nasdaq Nordic Ltd Board, Lars Wedenborn played a significant leadership role in Nasdaq’s Nordic business operations and our four exchanges in the Nordics. We are very grateful for his service and it has been a privilege working with him.”

“We are very fortunate to now have our Nasdaq Nordic Board headed by Peter Norman as Chairman with his extensive financial market background, valuable network and long experience in policymaking. I am also pleased to welcome Carl Löfgren and Merja Karhapää to the Board, both highly regarded in their specific areas of expertise. On behalf of the company, I would like to thank Hans-Ole Jochumsen and Anne Leppälä-Nilsson for their contributions and commitment to Nasdaq and the Nordic capital market ecosystems.”

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