Board of Directors proposed for SEB Swedbank
Board of Directors proposed for SEB Swedbank On February 22 of this year the Boards of Directors of FöreningsSparbanken and SEB announced a proposal to merge the two banks to form SEB Swedbank. The principal shareholders in FöreningsSparbanken and SEB now have announced that the following individuals have been proposed as Members of the Board of Directors of SEB Swedbank: Göran Collert, Co-chairman Jacob Wallenberg, Co-chairman Carl Eric Stålberg, Deputy Chairman, President and Chief Executive Officer of JM AB Gösta Wiking, Deputy Chairman, Chairman of Bure Ulf Christoffersson, President of Westra Wermlands Sparbank Claes Dahlbäck, Deputy Chairman of Investor Bo Forslund, Chairman of Sparbanksstiftelsernas Förvaltnings AB Penny Hughes, Board Member of Vodafone Urban Jansson, Chairman of Perstorp Thomas Johansson, Deputy Chairman of the Federation of Swedish Farmers Göran Johnsson, Chairman of the Swedish Metal Workers' Union Birgitta Klasén, CIO of Pharmacia Corp. Hans-Joachim Körber, CEO of Metro AG Carl Wilhelm Ros, Board Member of IKEA Lars H Thunell, President and Chief Executive Officer Birgitta Johansson-Hedberg, Deputy Board Member, Deputy President and Chief Executive Officer Employee representatives will be appointed as well. The aim is to eventually reduce the number of Board Members. In late May the Boards of Directors of the two banks will sign the legal merger plan that will then be announced. Thereafter a formal application will be submitted to the EU. The Extraordinary General Meetings that will vote on the merger plan are scheduled for late August/early September. A prospectus will be made available well in advance of the meetings. The work to prepare the integration is progressing according to plan in 18 integration projects and a hundred subprojects. For further information, please contact: FöreningsSparbanken SEB Göran Collert, Chairman Jacob Wallenberg, Chairman telephone +46 8 5859 1001 telephone +46 8 22 19 00 Staffan Salén, Head of Gunilla Wikman, Head of Group Information and IR Communications telephone +46 8 5859 2779, telephone +46 8 763 81 25, +46 705 31 01 11 +46 70 763 81 25 More information on each bank is available online at www.foreningssparbanken.se and www.seb.se ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2001/05/09/20010509BIT00250/bit0002.doc http://www.bit.se/bitonline/2001/05/09/20010509BIT00250/bit0002.pdf