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Swedbank Appoints New CEO of Swedbank Robur

_{//business-finance.news-articles.net/content/201 .. swedbank-appoints-new-ceo-of-swedbank-robur.html}
^{Published in Business and Finance on Wednesday, May 19th 2010 at 1:00 GMT by Market Wire}  

STOCKHOLM--([ BUSINESS WIRE ])--Regulatory News:

"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"

Swedbank (Pink Sheets:SWDBF) (STO:SWEDA) (LSE:SWK) 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.

aI 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 Robura�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,a says Swedbanka�s CEO Michael Wolf.

aIt 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,a says Thomas Eriksson.

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

Thomas Eriksson will be a member of Swedbanka�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 ]

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

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