Currently head of Nordea Life and Pensions, Bolmstrand will start the new role on 1 January 2017 and has previously managed teams in the asset management division of Skandia and Old Mutual.
He replaces outgoing CEO Christian Hyldahl, who is joining Denmark’s ATP as chief executive next year.
Snorre Storset, head of Nordea Wealth Management, said: “Nils is the right person to maintain the very strong momentum and development of Nordea Asset Management.
“He has the competencies and experience within the asset management business, and he has strong leadership and personal skills.”
Part of the Nordea Group, Nordea Asset Management covers all asset classes including fixed income and equity as well as managing local and European as well as US, global and emerging market products.
