Anders Karlsson new CFO at Swedbank

Regulatory News:

Anders Karlsson, currently CRO, will assume his new role in connection with the bank’s publication of the financial report for the second quarter 2016. A recruitment process to find a new CRO will begin.

– Anders has considerable experience from the banking industry and has held several key executive positions within Swedbank over many years. I am therefore pleased that Anders will become the new CFO, says Birgitte Bonnesen.

Göran Bronner will leave as CFO in connection with the bank’s publication of the financial report for the second quarter on 18 July 2016.

– Göran has greatly contributed to Swedbank today being one of Europe’s strongest banks with low risk and sustainable profitability. He is and has been an appreciated colleague. I am pleased that Göran will stay until the financial report for the second quarter 2016, ensuring a good transition, says Birgitte Bonnesen.

– I have enjoyed my years at Swedbank. I have considered doing something else for some time, and I have now decided to leave the bank, says Göran Bronner.

According to his employment contract, Göran Bronner is entitled to salary during his notice period, which is six months. The notice period starts on 19 July 2016.

Swedbank AB (publ) is required to disclose this information pursuant to the Swedish Securities Markets Act (2007:528), the Swedish Financial Instruments Trading Act (1991:980) and/or the regulatory framework of Nasdaq Stockholm). This information was sent to be published on March 21 2016 at 07.00 CET.

Swedbank promotes a sound and sustainable financial situation for the many people, households and companies. Our vision is to contribute to development "Beyond Financial Growth”. As a leading bank in the home markets of Sweden, Estonia, Latvia and Lithuania, Swedbank offers a wide range of financial services and products. Swedbank has over 7 million retail customers and around 600 000 corporate customers and organisations with 275 branches in Sweden and 144branches in the Baltic countries. The group is also present in other Nordic countries, the US and China.

As of 31 December 2015 the group had total assets of SEK 2 149 billion. Read more at www.swedbank.com

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