Swedbank A

Board/Management Information • Jan 21, 2022

January 21, 2022

Britta Hjorth-Larsen new Chief Compliance Officer

Swedbank has recruited Britta Hjorth-Larsen as its new Chief Compliance Officer. Britta Hjorth-Larsen will take up her position on August 1 at the latest and will become a member of Swedbank's Group Executive Committee.

Britta Hjorth-Larsen has extensive experience from the banking industry and currently holds a position as Head of Non-Financial Risk at Bank of Ireland Group. Between 1999–2020 Britta Hjorth-Larsen worked in different positions at Nordea.

"I am very happy to welcome Britta to Swedbank. Her extensive knowledge and experience will prove very valuable when the Compliance function continues to proactively secure the bank's important work in this field," says Jens Henriksson, President and CEO of Swedbank.

Swedbank's current Chief Compliance Officer, Ingrid Harbo, will retire on March 31 which has been previously communicated.

"I really look forward to joining Swedbank and to continue the journey where we constantly strengthen the compliance culture and improve controls and processes," says Britta Hjorth-Larsen.

Britta Hjorth-Larsen holds a Master of Science in Business Administration and Commercial Law from the Copenhagen Business School. She will take up her position at Swedbank on August 1 at the latest.

Contact:

Ralf Bagner, Media Relations Manager, ralf.bagner@swedbank.se, +46 730 421649

Swedbank empowers the many people and businesses to create a better future. Our vision is a financially sound and sustainable society. Swedbank is the leading bank with over 7 million retail customers and 600 000 corporate customers in our four home markets Sweden, Estonia, Latvia and Lithuania. Swedbank is also present in other Nordic countries, the U.S. and China. Together we make your financial life easier. Find out more: www.swedbank.com