Swedbank announces new appointments in Human Resource

Press Release February 24, 2010

Swedbank announces new appointments in Human Resource

In order to further strengthen Swedbank´s Group HR unit, two people with
excellence in the field of HR have been recruited.

Katarina Berg has been appointed Head of Group Leadership. Katarina Berg most
recently served at the telecom company 3 where she has held the position as Head
of HR. Katarina Berg has extensive experience in HR and leadership development
and has held a number of top positions including HR Director at Kanal 5 and at
Preem. She was awarded Head of Human Resources of the year 2006.

Lennart Hedström has been appointed Head of Group HR Operations. Lennart
Hedström most recently served as Deputy HR Director at Posten. His broad
experience includes executive positions at Telia, Empower/Right Management and
Pfizer.

Swedbank has also contracted Andreas Lauritzen as Head of Group Compensation &
Benefits on a consultancy basis. Andreas Lauritzén is the founder of Novare
Compensation and has a great experience in implementing and developing
sustainable incentive systems. He has also experience from Watson Wyatt in Hong
Kong and Stockholm where he held a position as an advisor.

- I am extremely proud and pleased that we managed to make these recruitments.
They all have a significant experience in the field of HR and excellent
leadership skills, which will contribute to our work in order to maintain our
position as one of the most attractive employers in Sweden. I am convinced that
all three will be of great value for Swedbank and the employees, says Marie
Hallander Larsson, Head of Group HR at Swedbank.


 
Further information, please contact:
Marie Hallander Larsson, Head of Group HR, Swedbank, tfn: + 46 73 344 66 40
Anna Sundblad, Press Manager, Swedbank, phone: +46 70 321 39 95

Swedbank's vision is to be the leading financial institution in the markets
where we are present. Swedbank has 9.5 million retail customers and 550,000
corporate customers with 381 branches in Sweden, 226 branches in the Baltic
countries and another 156 branches in Ukraine. The group is also present in
Copenhagen, Helsinki, Kaliningrad, Luxembourg, Moscow, New York, Oslo, Shanghai,
S:t Petersburg and Tokyo. As of December 31 2009 the group had total assets of
SEK 1,795 billion and approximately 19,000 employees. For more information about
Swedbank, please visit www.swedbank.com