Changes in Swedbank’s Group Executive Committee

Swedbank’s Head of Client Coverage, Lars Ljungälv, has decided to leave the bank and the Group Executive Committee. Elisabeth Beskow, co-Head of Large Corporates & Institutions, will take over Lars Ljungälv’s responsibilities.

Lars Ljungälv is leaving Swedbank for an operative role outside the banking industry.

- I would like to thank Lars for his contribution in developing Swedbank’s offer and our business for large corporates. Together with Lars, we have taken our offer for large corporates to a new level which for instance resulted in top rankings from Prospera, says Elisabeth Beskow, co-Head of Large Corporates & Institutions at Swedbank.

Lars Ljungälv’s new employer will give more information later today.

For more information, contact:
Josefine Uppling, Head of Press Office, Swedbank, tel +46 (0)76 114 54 21

Swedbank encourage a sound and sustainable financial situation for the many households and businesses. 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 620 000 corporate customers and organisations with 205 branches in Sweden and 129 branches in the Baltic countries. The group is also present in other Nordic countries, the US and China. As of 31 March, 2018 the group had total assets of SEK 2 469 billion.  Read more at www.swedbank.com

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Swedbank promotes a sound and sustainable financial situation for the many people, households and companies. 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 618 000 corporate customers and organisations with 191 branches in Sweden and 125 branches in the Baltic countries. The group is also present in other Nordic countries, the US and China. As of 30 September, 2018 the group had total assets of SEK 2 461 billion. Read more at www.swedbank.com

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I would like to thank Lars for his contribution in developing Swedbank’s offer and our business for large corporates. Together with Lars, we have taken our offer for large corporates to a new level which for instance resulted in top rankings from Prospera.
Elisabeth Beskow, co-Head of Large Corporates & Institutions at Swedbank