Swedbank appoints new head of Large Corporates & Institutions

Swedbank appoints new head of Large Corporates & Institutions

Swedbank has appointed Magnus Gagner Geeber as new head of the business
area Large Corporates & Institutions (LC&I). Magnus Gagner Geeber is
currently deputy head of LC&I, with special responsibility for large
corporates. He will assume his new position with immediate effect and
will remain as a member of Swedbank's Group Executive Committee.

Magnus Gagner Geeber has extensive experience from various
customer-oriented positions with Swedbank, including being the regional
Head of Stockholm, Head of former Swedbank Markets, Head of the bank's
export- and project financing, as well as his current responsibilities
in the large corporates segment.
”After having had the privilege to work with Magnus Gagner Geeber during
the past two years, I know that, with Magnus, we get a head of LC&I who
is business-minded, hard-working and has excellent judgement,” commented
Swedbank´s CEO Michael Wolf.
”The fact that Magnus Gagner Geeber has been deeply involved in
establishing the new business area LC&I gives him an excellent platform
to further step up the development of building the new LC&I; with even
closer connection between the customer organisation and the product
organisation,” Michael Wolf continued.
Magnus Gagner Geeber commented:
”The strategy for LC&I remains. We have laid the foundation for a new
business area which will combine Swedbank's expertise in large
corporates and institutions with the product knowledge within former
Swedbank Markets. We already see that prioritised customers choose to do
more business with us and that we have the opportunity to improve our
results. It is with great confidence that I look forward to continue
working to further strengthen our position with clients.
The current head of LC&I, Stefan Carlsson, will remain within Swedbank
as a senior adviser to the CEO and the group executive management.
For 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