Executive Management changes at Swedbank

Anders Ekedahl, currently head of Savings Banks Business at Swedbank, has been
appointed head of Group IT, a new position with overall responsibility for Group
IT. Anders Ekedahl succeeds Mats Engstrand as member of Swedbank's Group
Executive Committee. Mats Engstrand will continue his role as CIO. Johan Smedman
has been appointed head of Savings Banks Business. He is currently head of
Swedbank's Central Region.
Anders Ekedahl has worked at Swedbank since 1987 and has a proven track record
and experience in many different business areas of the bank. His previous
positions included heading the following business operations: head of Customer
Offerings and Products, Payments, Card Operations and Corporate Business.

Johan Smedman has been at Swedbank since 2009, starting as regional manager.
Prior to joining Swedbank, he was CEO at Roslagen Savings Bank. Internal
recruitment for a new Central Region head has begun.

The changes will take effect at the turn of the year.

For further information, please contact:
Peter Borsos, Head of Communications, Swedbank, phone: + 46 70 317 68 00
Anna Sundblad, Press Manager, Swedbank, phone: +46 70 321 39 95
Swedbank promotes a sound and sustainable financial situation for the many
people, households and companies. Our vision is to contribute to a development
“Beyond Financial Growth”. 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 8 million retail customers and around
600,000 corporate customers and organizations with 306 branches in Sweden and
approximately 180 branches in the Baltic countries. The group is also present in
other Nordic countries, the U.S. and China. As of 30 September, 2013 the group
had total assets of SEK 1,832 billion. Read more at www.swedbank.com