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Björn Meltzer new acting head of the business area Large Corporates & Institutions in Swedbank

In 2020, Swedbank has updated the strategic direction. The many changes that the

financial industry is undergoing globally are increasing the demand for

development. The bank's work is entering a new phase that includes management

changes in the business area Large Corporates & Institutions, where Björn

Meltzer will now serve as acting head.

"We have updated the strategic direction for Swedbank as a whole," says Jens

Henriksson President and CEO of Swedbank. "Now I want to see a new leadership

that can steer Large Corporates & Institutions into the future."

Ola Laurin will step down as the current head of Large Corporates & Institutions

and will be at the disposal of the CEO until he leaves the bank.

"I want to thank Ola Laurin for the work he has done to lead the business area

to where it is today. His efforts for the bank in collaboration with Kepler

Chevreux have been important to generating great customer value and giving the

bank a strong position in green bonds," says Jens Henriksson.

Björn Meltzer has until today been Chief Financial Officer within Large

Corporates & Institutions. The recruitment of a permanent head will now begin.

For further information:

Unni Jerndal, Head of Press Office, Swedbank, +46 73 092 11 80

Swedbank encourages a sound and sustainable financial situation for the many

households and businesses. As a leading bank in our home markets of Sweden,

Estonia, Latvia and Lithuania, Swedbank offers a wide range of financial

services and products. Swedbank has over 7 million retail customers and around

600 000 corporate customers and organisations with 160 branches in Sweden and 92

branches in the Baltic countries. The group is also present in other Nordic

countries, the US and China. Read more at www.swedbank.com

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