Anders Karlsson - new CRO at Swedbank

Regulatory News:

Anders Karlsson has been appointed CRO of Swedbank. He succeeds Håkan Berg who is moving to another role at the bank. Anders Karlsson was previously head of risk at Swedbank Treasury and at Large Corporates & Institutions. He takes up his position on 1 September 2013 and will be part of Swedbank's Group Executive Committee.

Håkan Berg is moving to another role at the bank, mainly working with the recovery and resolution project as well as remaining chairman of the bank's operations in Russia.

At the same time, there will be a change in that Viveka Strangert, head of Compliance, will report directly to the CEO, in accordance with new requirements.

Swedbank promotes a sound and sustainable financial situation for the many people, households and companies. Our vision is to contribute to a development "Beyond Financial Growth”. As a leading bank in the home markets Sweden, Estonia, Latvia and Lithuania, Swedbank offers a wide range of financial services and products. Swedbank has 7.9 million retail customers and around 600,000 corporate customers and organizations with 308 branches in Sweden and approximately 190 branches in the Baltic countries. The group is also present in other Nordic countries, the U.S. and China. As of 30 June, 2013 the group had total assets of SEK 1,883 billion. Read more at www.swedbank.com

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