Swedbank’s Board of Directors has decided not to file claims for damages against former CEOs and Board members
The Board of Directors of Swedbank has decided not to file claims for damages against its former Chairs and CEO for the time they were employed in the fiscal year 2019. Last year, the Board of Directors decided not to initiate legal proceedings against Birgitte Bonnesen and Michael Wolf for the fiscal years prior to 2019. However, the Board did decide to cancel the severance agreement with Birgitte Bonnesen.The liability issues at Swedbank as relate to the former CEOs and Board members were included in the report issued by the law firm Clifford Chance in March 2020. These issues have also