André Küüsvek’s term as NIB President extended until end-August 2029

The Board of Directors of NIB has extended the appointment of André Küüsvek (Estonia) as President and CEO, now running until the end of August 2029. Mr. Küüsvek has served as President since April 2021.

Merle Wilkinson, Chair of the Board of Directors, commented: "The Board of Directors greatly values the contributions André Küüsvek has made in strengthening NIB's impact and relevance in the Nordic-Baltic region, especially during challenging geopolitical times. We are pleased to continue working with him as NIB President until 2029."

André Küüsvek, President and CEO of NIB, said: "I am truly honored to continue leading the NIB as an esteemed Nordic-Baltic organisation, which is approaching its 50th anniversary. This is a fitting moment to reflect on our achievements and to further explore how we can even better serve our region. As a passionate member of the NIB team, I am committed to ensuring the Bank's continued success as we embark on our next half-century."

NIB is the international financial institution of Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway, and Sweden. The Bank finances projects that improve productivity and benefit the environment of the Nordic-Baltic region. The Bank is headquartered in Helsinki with a regional hub in Riga. NIB has the highest possible credit rating, AAA/Aaa, with S&P Global Ratings and Moody's.

For further information, please contact:

André Küüsvek, President & CEO: +358 10 618 001

Jukka Ahonen, Head of Communications: +358 50 387 5774