Swedbank appoints new Head of business area Large Corporates and Institutions

18 Jan 2023 08:18 CET

Bo Bengtsson has been appointed Head of Large Corporates and Institutions (LC&I)
and will become a member of Swedbank's Group Executive Committee as of 1 March
2023.

Bo Bengtsson is an experienced bank executive and has held positions as CEO of
three savings banks of which six years as the CEO of Sparbanken Skåne - the
largest savings bank in Sweden. He also holds extensive experience from serving
on different boards of directors, among them as member of Swedbank's Board of
Directors.

"Swedbank will grow the midsize corporate segment business which is an important
cornerstone of reaching our ambition of 15 per cent return on equity in 2025. Bo
Bengtsson has the right profile and background to deliver on that ambition. And
I warmly welcome him," says Jens Henriksson, President and CEO of Swedbank.

Bo Bengtsson leaves Swedbank's Board of Directors as of today and will take up
his new position on 1 March 2023.

"Swedbank has a clear objective to grow its corporate business. I look forward
to contributing to the development of it in Large Corporates and Institutions,"
says Bo Bengtsson.

Contact:
Annie Ho
      Unni Jerndal
Head of Investor Relations
Senior Advisor
annie.ho@swedbank.com
 unni.jerndal@swedbank.com
+46 70 343 7815
 +46 73 092 1180

Swedbank empowers the many people and businesses to create a better future. Our
vision is a financially sound and sustainable society. Swedbank is the leading
bank with over 7 million retail customers and 600 000 corporate customers in our
four home markets Sweden, Estonia, Latvia and Lithuania. Swedbank is also
present in other Nordic countries, the U.S. and China. Together we make your
financial life easier. Find out more: www.swedbank.com

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