Swedbank A

Carina Strand appointed Head of Group HR at Swedbank

Carina Strand is appointed new Head of Group HR at Swedbank and new member of

the Group Executive Committee. Carina Strand will play an important role in the

transformation of Swedbank and in securing satisfied and proud employees.

Carina Strand is currently Head of HR at IBM Sweden, where she is also part of

the Management Team.

-Carina has a solid background within the HR area, and the right tools to

support Swedbank's journey towards a modern and digital bank while increasing

both employee satisfaction and pride. Carina's broad experience will be a very

valuable asset in the Group Executive Committee and for all our 14,000

employees, says Birgitte Bonnesen, President and CEO of Swedbank.

Carina Strand has held a couple of different HR positions within IBM during the

last decade.

-I really look forward to joining Swedbank. With its strong culture and values,

and large customer base throughout Sweden and the Baltics, Swedbank has a unique

position of capturing the opportunities of the digital transformation, which

will create great benefits for both customers and employees, says Carina Strand,

future Head of Group HR of Swedbank.

Carina Strand will take on her new role on 1 October 2017.

For further information:

Josefine Uppling, Group Press Officer, Swedbank, +46 76 114 54 21

This announcement involves the disclosure of inside information

Swedbank AB (publ) is required to disclose this information pursuant to

Regulation (EU) No 596/2014 on market abuse, the Swedish Securities Markets Act

(2007:528), the Swedish Financial Instruments Trading Act (1991:980) and the

regulatory framework of Nasdaq Stockholm. This information was sent to be

published on 26 June 2017 at 8 am CET.

Swedbank promotes a sound and sustainable financial situation for the many

people, households and companies. Our vision is to contribute to development

"Beyond Financial Growth". As a leading bank in the 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

650 000 corporate customers and organisations with 241 branches in Sweden

and 141 branches in the Baltic countries. The group is also present in other

Nordic countries, the US and China. As of 31 March 2017 the group had total

assets of SEK 2 488 billion.

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