Anders Bouvin, new President and Group Chief Executive of Handelsbanken

Anders Bouvin has been appointed as the new President and Group Chief Executive of Handelsbanken. He takes up his new position with immediate effect. 

Frank Vang-Jensen, the present President and Group Chief Executive, is leaving Handelsbanken. Following an extensive analysis, the assessment of a unanimous Board is that there should now be a change of Group Chief Executive.

“This decision is purely related to the individual. Handelsbanken remains strong and our long-term goals stand firm,” says Pär Boman, Chairman of the Board.

Over the years, Handelsbanken has had more stable finances, a higher rating and more satisfied customers than its competitors. One of the main reasons for these successes is the Bank’s highly decentralised way of working, where almost all business decisions in the Bank are made locally, close to the customer.

“All managers at Handelsbanken – particularly the branch managers – must have a very high degree of autonomy. Being the most senior manager at the Bank therefore requires a special type of leadership – considerably more complex than traditional management. Thus, it is possible to be an excellent leader and manager – as Frank Vang-Jensen has been – but not fulfil the requirements of CEO of Handelsbanken,” says Pär Boman.

Anders Bouvin has been Executive Vice President at Handelsbanken since 2002. His background includes positions as Branch Manager in New York and General Manager of Handelsbanken Denmark. He most recently worked as Head of Handelsbanken in the UK.

“Anders Bouvin has worked at Handelsbanken for more than 30 years and is totally familiar with the Bank’s working methods, culture and values. For the past ten years, he has worked at Handelsbanken in the UK, where he has built up a national branch network with stable finances, good profitability – and by far the most satisfied customers in the market,” says Pär Boman.

Handelsbanken is holding a press conference with the new Group Chief Executive, Anders Bouvin, and the Chairman of the Board, Pär Boman. (For information about the press conference, see the appendix)

We also invite to an international telephone conference with the Bank´s new CEO Anders Bouvin for investors and analysts today at 16.00 CET. Call in details will be published at www.handelsbanken.se/ireng

For further information, please contact:

Pär Boman, Chairman of the Board, + 46 8 – 22 92 20
Johan Lagerström, Global Head of Corporate Communications, +46 8 701 13 95,
+46 70 265 80 14

Johan Wallqvist, Press Officer, +46 8 701 80 47, +46 72 206 34 50


This information is of the type that Handelsbanken is obliged to make public pursuant to the EU Market Abuse Regulation and the Swedish Securities Markets Act. The information was submitted for publication through the agency of the contact person set out above, on 16 August 2016 at 07.00 a.m. CET.
For more information about Handelsbanken, see: www.handelsbanken.com 



Appendix

Invitation to press conference with Anders Bouvin and Pär Boman

Location: Handelsbanken, Kungsträdgårdsgatan 2, Stockholm.

Time:
 16 August 2016, 10.00 a.m. (CET)

Journalists who are unable to attend the press conference but who wish to interview Anders Bouvin or Pär Boman, please contact the press office before 8.55 a.m. (CET), by phone:+46 72 – 206 34 50 or +46 8 – 701 80 18.

Journalists who wish to ask Anders Bouvin questions via Skype for publication of video material, please contact the Press Office before 8.55 a.m. (CET) to make an appointment.

Skype address: studiotolv.kontrollrum

Photos: Photos of Anders Bouvin can be downloaded at www.handelsbanken.se/press
Before these links are available, it is also possible to phone the press office before the press conference. They will be able to provide photos.

Other: Brief background material and Anders Bouvin’s CV are available at www.handelsbanken.se/press

  
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