Martin Noréus has been appointed as the new chief risk officer (CRO) of Swedish banking group Swedbank, effective 1 May 2026. Noréus will succeed Rolf Marquardt, who has held the position since September 2020, and is now set to move into a senior advisory role.
Noréus will join from Stockholm-based bank Handelsbanken, where he has served a variety of leadership positions over a five-year tenure, including chief strategy officer, chief compliance officer, and most recently, head of financial crime prevention.
Prior to this, he worked for over a decade at Swedish financial regulator Finansinspektionen, ascending to the position of deputy director general. Noréus is expected to leverage this industry experience in his new role at Swedbank, which serves over seven million individual customers and approximately 600,000 corporate and organisational clients.
Established in 1820, the bank operates primarily in Sweden, Estonia, Latvia, and Lithuania, with additional international operations in the US and China. In a statement, Noréus says he plans to “develop the Group’s work in the risk area” as CRO, while also assuming a position on the executive committee.
Swedbank recently upped its risk appetite by acquiring digital mortgage provider Stabelo for SEK 350 million (approximately $36.8 million) earlier this month. This purchase complements the bank’s existing portfolio of services, which includes business leases, payment terminals, and various insurance products.
Source: https://www.fintechfutures.com/
