Kraft to step down as head of Nordea

17.12.2013, 11:27

Nordea Estonia announced yesterday that its chief executive Vahur Kraft he will leave the bank at the end of January.

Kraft who has been at the helm since 2005 will be replaced by Nordea's current head of retail and corporate banking, Andreas Laane.

Kraft, former head of the Bank of Estonia, has also been in the news over his connection to the VEB affair.