Swedbank appoints new CEO of Swedbank Robur

Press Release May 19, 2010

Swedbank appoints new CEO of Swedbank Robur 

Swedbank has recruited Thomas Eriksson as new CEO of Swedbank Robur. Thomas
Eriksson has extensive experience within asset management and comes most
recently from SEB, where he was head of Private Banking. 


Thomas Eriksson has more than 20 years of experience within asset management,
most recently as global head of SEB Private Banking. He has previously been head
of asset management in Sweden at both SEB and Nordea, as well as responsible for
the savings area at Nordea in Sweden and globally.

“I am very pleased that we have recruited Thomas Eriksson as CEO of Swedbank
Robur. With his extensive experience, he is well suited to continue the
important work of reaching out with Swedbank Robur's asset management competence
and fund offerings to both existing and new customer groups as well as further
strengthening the governance process of the company,” says Swedbank's CEO
Michael Wolf.

“It will be stimulating to be part of the change process that both Swedbank and
Swedbank Robur have begun. Robur is a strong brand and I look forward to,
together with my new colleagues, making it even stronger and shaping the future
Robur,” says Thomas Eriksson.

Thomas Eriksson has a bachelor's degree in economics and statistics from Uppsala
University. He will take up his new position on Aug. 1, 2010. Peter Rydell,
Swedbank Robur's interim CEO, will retire once Thomas Eriksson takes up his new
position.

Thomas Eriksson will be a member of Swedbank's senior management as well as the
boards of the fund companies Swedbank Robur Funds AB and Swedbank Robur Asset
Management AB, which are subsidiaries to Swedbank Robur AB. 

Read more about Swedbank Robur at www.swedbankrobur.se 


Further information, please contact:
Thomas Backteman, Head of Corporate Affairs, Swedbank, phone: +46 708 311 166
Anna Sundblad, Group Press Manager, Swedbank, phone: +46 70 321 39 95

Swedbank is the bank for the many people, households and companies. As a leading
bank in the home markets Sweden, Estonia, Latvia and Lithuania, Swedbank offers
a wide range of financial services and products. Swedbank has 9.5 million retail
customers and 535,000 corporate customers with 377 branches in Sweden and 224
branches in the Baltic countries. The group is also present in other Nordic
countries, the U.S., China, Japan, Russia and Ukraine.  As of March 31 2010 the
group had total assets of SEK 1,890 billion. Read more at www.swedbank.com