NIB Nordic Investment Bank
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President

NIB's President is responsible for the conduct of the current operations of the Bank. The President is appointed by the Board of Directors for a term of five years at a time. In accordance with its delegation powers, the Board of Directors has authorised the President to make certain lending decisions and carry out borrowing and associated treasury activities. The President is assisted in his work by the Management Committee, the Credit Committee, the Finance Committee and the ICT Council.

Picture: Johnny ÅkerholmJohnny Åkerholm
NIB President and CEO since 2005

Johnny Åkerholm has served as President and CEO of NIB since April 2005. Mr Åkerholm, born in 1948, holds a Licentiate degree in Political Science (Economics) and a Master of Science degree (Economics). Prior to becoming President and CEO of NIB, he was Secretary General of the EBRD in London. He has also served as Under-Secretary of State for Economic Affairs of the Ministry of Finance in Finland. From 1982 to 1995 he held various leading positions with the Bank of Finland. Among his other tasks, Mr Åkerholm has also been President of the Economic and Financial Committee of the European Union and President of the Nordic-Baltic Monetary and Financial Committee.

Mr Åkerholm's CV can be obtained by contacting NIB's Communications Unit.

Links
High resolution pictures of Mr Åkerholm, President
Legal framework & policy documents
Code of conduct for the Board of Directors and the President (113 kB)
Annual Report 2009, Corporate governance
Annual Report 2009 (4.2 MB)
Promoting sustainable growth