Jon Lidefelt appointed new Chief Financial Officer at Swedbank

17 Oct 2024 13:55 CEST

Jon Lidefelt has been appointed as the new CFO. He is today working as the head
of the business area Baltic banking and is already a member of the Group
Executive Committee.

- Jon has experience from many different parts of the bank and a good
understanding of our business. I look forward to continuing our good cooperation
in his new role," says Jens Henriksson, CEO and President of Swedbank.

Jon Lidefelt has a Master of Science in Engineering Physics, with a Major in
Financial Mathematics from the Royal Institute of Technology in Stockholm. He
has worked at the bank since 2013.

- I have had a fantastic experience in my current role. Now I look forward to
this opportunity to continue our path towards Swedbank 15/25 and ensure a long
-term return on equity of at least 15%, says Jon Lidefelt.

He will assume his new role on November 1, 2024, replacing Anders Karlsson who
will become head of Swedbank's operations in the USA starting next year.

Olof Sundblad has been appointed acting head of Baltic Banking. Today he is the
CFO of the operations in the Baltics. He thereby becomes a member of the Group
Executive Committee. The work to find a permanent head for Baltic Banking now
begins.

Contact:
Charlotte Nilsson (charlotte.nilsson@swedbank.se), Media Relations Manager, tel.
+46 76 534 66 12

Swedbank empowers the many people and businesses to create a better future. Our
vision is a financially sound and sustainable society. Swedbank Group is the
leading bank with over 7 million retail customers and 550 000 corporate
customers in our four home markets Sweden, Estonia, Latvia and Lithuania.
Swedbank Group 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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