New leadership within Fixed Income and Post-trade in the Baltics and Nordics

15.02.2017 RIG

• Arminta Saladziene new Head of Securities Services and Chairman of Broker Services’ Board of Directors
• Indars Aščuks new Head of Baltic Market
• Fredrik Ekström takes responsibility for Nordic Fixed Income and Nasdaq Clearing

Vilnius/Riga/Tallinn, February 15, 2017 — Nasdaq (Nasdaq: NDAQ) today announced changes in the leadership within its Nordic and Baltic Fixed Income and Post-trade offerings. 

Arminta Saladziene, currently VP and Head of Nasdaq Baltic will assume responsibility of Nasdaq Securities Services. In her new role, Arminta will oversee the regulated businesses that provide post-trade services to Nordic and Baltic clients and exchange services to Icelandic and Baltic clients. Arminta has also been suggested for the position as new Chairman of the Board of Directors of Broker Services AB, the regulated financial entity in Sweden, and will continue to chair the Supervisory Councils of the Baltic exchanges and central securities depositories (pending regulatory approval).

”The European post-trade landscape is undergoing a significant transformation driven by new regulations and technological developments and I feel excited about the opportunity to drive the strategic initiatives and post-trade business development at Nasdaq,” says Arminta Saladziene. ”Having led the Nasdaq’s operations in the Baltic region for the last five years, including the expansion of Nasdaq technology and business support competence center in Vilnius, I look forward to working with our talented team on further strengthening the post-trade and exchange services to Nordic and Baltic clients.”

Indars Aščuks, currently Head of Baltic Product Development and Chairman of the Management Board of the Latvian CSD, is promoted to the Head of Nasdaq Baltic Market. During his 15 years in the company, Indars has served in various positions in the Baltic exchanges and CSDs.

”I am grateful for the new responsibilities given to me,” says Indars Aščuks. “We at Nasdaq Baltic are strong believers that effective and efficient capital market is fundamental for our economies to grow. Standing in the center position of the whole ecosystem we are committed to further expand stock exchange and CSD services for the benefit of our current and future listed companies, investors and all customers.”

Fredrik Ekström, currently VP and president of Nasdaq Clearing, will assume the responsibility for Nasdaq Nordic Fixed Income and Nasdaq Clearing. Fredrik has also been suggested for the position as new Chairman of the Board of Directors for Nasdaq Clearing (pending regulatory approval).

Johan Rudén, the current Head of Global Post Trade Services and Nordic Fixed Income, has resigned to pursue a new opportunity outside Nasdaq, starting May 1, 2017. 

”Our European markets continue to play a significant role in Nasdaq’s success and in the economies of this important and vibrant region of the world,” says John Shay, SVP and Global Head of Fixed Income, Commodities and Clearing. “Both of our Fixed Income and post-trade businesses have been essential parts of our offering and continue to present growth opportunities as our strategy evolves. With Fredrik and Arminta, this important part of Nasdaq will stay under strong leadership. I would also like to extend by deepest gratitude to Johan Rudén, who after 18 years of service to OMX and Nasdaq has chosen to pursue a new opportunity outside the company. I wish him the best of luck.”

The announced changes will come into effect immediately. 

About Nasdaq
Nasdaq (Nasdaq: NDAQ) is a leading provider of trading, clearing, exchange technology, listing, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables clients to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today’s global capital markets. As the creator of the world’s first electronic stock market, its technology powers more than 85 marketplaces in 50 countries, and 1 in 10 of the world’s securities transactions. Nasdaq is home to approximately 3,800 listed companies with a market value of $10.1 trillion and nearly 18,000 corporate clients. To learn more, visit: business.nasdaq.com.

Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland, Nasdaq Riga, Nasdaq Stockholm, Nasdaq Tallinn, Nasdaq Vilnius, Nasdaq Clearing and Nasdaq Broker Services are respectively brand names for the regulated markets of Nasdaq Copenhagen A/S, Nasdaq Helsinki Ltd., Nasdaq Iceland hf., Nasdaq Riga, AS, Nasdaq Stockholm AB, Nasdaq Tallinn AS, AB Nasdaq Vilnius, Nasdaq Clearing AB and Nasdaq Broker Services AB. Nasdaq Nordic represents the common offering by Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm. Nasdaq Baltic represents the common offering by Nasdaq Tallinn, Nasdaq Riga, Nasdaq Vilnius and Nasdaq Baltic CSDs. Read more: nasdaqbaltic.com.

Cautionary Note Regarding Forward-Looking Statements 
The matters described herein contain forward-looking statements that are made under the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements about Nasdaq and its products and offerings. We caution that these statements are not guarantees of future performance. Actual results may differ materially from those expressed or implied in the forward-looking statements. Forward-looking statements involve a number of risks, uncertainties or other factors beyond Nasdaq’s control. These factors include, but are not limited to factors detailed in Nasdaq’s annual report on Form 10-K, and periodic reports filed with the U.S. Securities and Exchange Commission. We undertake no obligation to release any revisions to any forward-looking statements.

Media Relations Contact:
Audronė Ranonytė
+370 5 253 1475
audrone.ranonyte@nasdaq.com