Swedbank appoints Lars Friberg as new head of Private Banking

Press Release 12th May 2009

Swedbank appoints Lars Friberg as new head of Private Banking 

Lars Friberg has been appointed the new head of Private Banking at Swedbank.
Lars Friberg most recently served at SEB in Luxembourg where he has held the
position as Managing Director since 2004.

Over the past 20 years, Lars Friberg has held a number of top positions in
Sweden and internationally including among others as Head of Trading & Capital
Markets, Foreign Exchange and Emerging Markets Trading at SEB.

- Private Banking is a prioritized area at Swedbank and it´s with great pleasure
that we have recruited Lars Friberg. His thorough background and international
experience from the banking and financial service sector will be very useful to
us as a bank and to our customers, says Kjell Hedman, Head of Swedish Banking,
Swedbank.
Lars Friberg will take up his position after the summer.


Further information, please contact:
Kjell Hedman, Head of Swedish Banking, Swedbank, phone: +46 8 585 912 21 
Anna Sundblad, Press Manager, Swedbank, phone: +46 70 321 39 95


Swedbank's vision is to be the leading financial institution in the markets
where we are present. Swedbank has 9.4 million retail customers and 600,000
corporate customers with 419 branches in Sweden, 278 branches in the Baltic
countries and another 215 branches in Ukraine. The group is also present in
Copenhagen, Helsinki, Kaliningrad, Luxembourg, Moscow, New York, Oslo, Shanghai,
St. Petersburg and Tokyo. As of December 2008 the group had total assets of SEK
1,812 billion and approximately 21,000 employees. For more information about
Swedbank, please visit www.swedbank.com.