• The Client: NordicRetail Bank AB (headquartered in Stockholm, with retail banking subsidiaries in the UK and Germany).

• The Engagement: We are advising the bank's Group Operating Committee (OpCo) on a 36-month migration from legacy COBOL mainframes to a modular cloud-native core (€38M OpEx savings case).

• The Reskilling Academy: Alongside the tech migration, the bank launched an internal Cloud-Core Reskilling Academy across all branches (4,820 eligible staff) to retrain branch operations staff on the new API workflows. (Note: The Academy is a bank-wide workforce program, whereas NordicRetail UK Ltd is the UK legal entity.)

• Why You Are Here Today: You are a 2nd-year analyst stepping in this morning because Karan Mehta (the previous analyst on this workstream) went on sudden medical leave yesterday afternoon. His raw files are in 📁 Data Room and his draft deck is in 📊 PowerPoint on the left toolbar.