(Reuters) -Citigroup has hired Tobias Akermark from Barclays and Kasper Dichow from Nordea to jointly lead its Nordic investment banking franchise, the U.S. bank said on Monday, as it expands its
Citigroup Appoints Barclays and Nordea Leaders for Nordic Banking
Citigroup's Expansion in Nordic Investment Banking
(Reuters) -Citigroup has hired Tobias Akermark from Barclays and Kasper Dichow from Nordea to jointly lead its Nordic investment banking franchise, the U.S. bank said on Monday, as it expands its European operations.
New Leadership Appointments
Akermark, most recently Barclays' country CEO for Sweden and head of Nordic banking, would be based in Stockholm and join later this year.
Backgrounds of Akermark and Dichow
Dichow, who led Finland-based lender Nordea's Nordic corporate finance and equity capital markets team, would work from Copenhagen, starting early 2026.
Citigroup's Strategic Goals
The bankers each have nearly two decades of investment banking experience. Prior to Barclays, Akermark had worked for 15 years at Morgan Stanley, including as the head of Nordic M&A. Dichow was leading Credit Suisse's Nordic investment banking business before joining Nordea in 2015.
Citigroup, which has been undergoing a major turnaround, including selling businesses and simplifying its structure, expects investment banking fees and markets revenue to grow in mid-single digits in the third quarter compared to a year earlier.
(Reporting by Raechel Thankam Job in Bengaluru; Editing by Shilpi Majumdar)
