Nordea

Josh Shoup, Engineering Manager at Plio as well.

Katja Gruszewska, Chief Business Risk Manager at Nordea.

And today we are listening to a podcast around building high performance teams in a regulated environment.

Roshni, could you just introduce yourself in a little bit more depth than just a name and a title, please?

Once again, our guests on today's podcast have been Roshni Baradvaj, Group Product Lead at PLEO.

Josh Shoup, Engineering Manager at PLEO as well.

Katja Gruszewska, Chief Business Risk Manager at Nordea.

If you are hiring for new technical roles or looking for a new role, feel free to get in touch with us here at Evolution.

I think for S-Bank, this is a very interesting, um, journey to take, a decision to make.

It does help them to grow, and it'll be interesting to see if it puts them on the same level competing against, uh, the big boys like, uh, OP and, uh, and Nordea here in Finland.

But, um, I think it's an interesting, um, interesting move by S-Bank.

Maybe we need to get, uh, Riikka back on, uh, to the podcast again to talk about now that the news is out, how do they look at this? But, uh, Janne, how did you take the news?

Uh, that, that was earlier this week.

They had their second quarter results, and then the fresh news is that they've been raised to a hold, um, at Nordea.

So Nordea saying that there's limited fuel for a sale case in the short term, basically saying they've got very solid position in the long run, strong long-term salmon pricing momentum, premium growth prospects.

Um, they did say there's a bit of ambiguity around feed costs, that the cost of that is, is, is rising.

But overall things are positive, um, and as I say, this followed their second quarter results earlier this week where, um, the improved guidance for, for their harvesting, for their salmon harvesting, essentially helped to offset what was actually a miss in earnings.

And the defensive layer we discussed earlier, external insularity.

Why are major Nordic banks, the true giants like Danske Bank or Nordea, content to just ignore this opportunity?

For them, Greenland is purely a rounding error.

The potential revenue, even if they successfully captured fifty percent of the market, would be negligible relative to their group revenues.

My name is Annabelle Ambrosi and I'm a technology executive with over 20 years of experience leading scaling transformation, governance and technology initiatives, primarily within the financial services.

So most recently, I spent over a decade at Nordea, where I worked with the intersection of technology, data, risk management, organizational change, and service delivery.

And before that, I served in the telecom sector and in the consulting sector.

And throughout my career, I've seen that successful transformation, it's not only about the implementation of new technologies, but it's about the right governance and the capabilities and the trust around them.

So I work in the Nordics.

I work for Nordea Bank with the transaction banking strategy.

And in my free time, I'm a complete payment nerd.

I also have my own podcast together with my friend Paul Krogdal.

So it's called Fintech Daydreaming and actually quite fun to be on this side of the table every now and then.

And finally, of course, a disclaimer that I always have to give is that the views and opinions that I give now are my own and not necessarily those of Nordea Bank.

So I think it was good to get that out of the way before the PR department calls me tomorrow.

Understood.

Krista, you sit at the intersection of banking, digital and AI strategy, which makes you a great person to ask the big question, how is banking changing in the age of AI? However, before we go there, I'm curious to hear your career insights.

Could you please tell our listeners a bit about your current role at Nordea and about your fascinating background in B2C from different sectors?

Well, if I look at my current role here at Nordea, I'm responsible for the digital business for the business customers.

So our corporate customers who are in the four Nordic markets that we operate in, where we do then, of course, everything from end-to-end processes to the digital sales.

It's a very exciting space because I think if we look at the corporate landscape in the Nordics, we have a lot of small businesses, SMEs, who are very much the backbone of the Nordic economy, you could say, both in terms of employing people, but then also, of course, bringing the productivity and wealth.

As for the roles that I have been fortunate enough to have, I've been working with such great companies with different industries.

In tech, I was with Google, I've been with Nokia and with Telia.

In financial industry, I have been working with OP and Nordea, and then I've been with Sonoma in the media industry, all of which I think are really good examples of how we can really leverage the data that we have, the tech that we have, in order to drive business benefits.