Goran Lenkel to leave SkandiaBanken


STOCKHOLM, Sweden, June 29, 2004 (PRIMEZONE) -- Goran Lenkel will be leaving SkandiaBanken this autumn. He has been President of the bank since its start in 1994.

"It was slightly more than ten years ago that I was put in charge of starting a bank for Skandia. They have been intensive, exciting and challenging years spent together with many exceptional and committed employees. The bank is now developing very well in all countries," says Lenkel, "And I have now decided to leave for personal reasons."

Hans-Erik Andersson, President and CEO of Skandia, comments: "Goran Lenkel has made a very valuable contribution to Skandia and has performed his presidency of the bank with great skill and integrity. With a clear customer focus and efficient organisation he has made steady improvements -- an accomplishment which over the years has been awarded with many fine distinctions, such as Online Bank of the Year and Bank of the Year. I also know that Goran is a highly appreciated leader. Recruitment will now begin for his successor."

SkandiaBanken is distinguished by an advantageous customer offering with simple and easily accessible online services. The bank also does business in Norway and Denmark, where -- like in Sweden -- it has received many awards for its customer offering.

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