Lars Schroder New CEO of Swedbank Luxembourg

STOCKHOLM, Sweden, March 8, 2002 (PRIMEZONE) -- Lars Schroder has been named new CEO of Swedbank's banking entity in Luxembourg, Swedbank Luxembourg. He assumes the position in mid-May, leaving his present post as head of Swedbank's IT/Administration, Business Area Lending.

Mr. Schroder started at Swedbank as a salesman for Swedbank Finance. His subsequent posts in the bank include that of Credit Manager of Spintab.

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