Swedbank Names Bo Bengtsson Head of Large Corporates and Institutions
18 Januar 2023 - 10:01AM
Dow Jones News
By Dominic Chopping
STOCKHOLM--Swedbank AB said Wednesday that it has appointed Bo
Bengtsson head of large corporates and institutions and as a member
of the bank's group executive committee.
Mr. Bengtsson has held positions as chief executive of three
savings banks and has served on different boards of directors,
among them Swedbank, it said.
He will leave Swedbank's board of directors Wednesday and will
take up his new position on March 1.
"Swedbank will grow the midsize corporate segment business which
is an important cornerstone of reaching our ambition of 15% return
on equity in 2025," Swedbank Chief Executive Jens Henriksson
said.
"Bo Bengtsson has the right profile and background to deliver on
that ambition" he said.
Pal Bergstrom, the current head of large corporates and
institutions, said last month that he was leaving the bank after
being appointed chief executive of Swedish state pension fund
AP7.
Write to Dominic Chopping at dominic.chopping@wsj.com
(END) Dow Jones Newswires
January 18, 2023 03:46 ET (08:46 GMT)
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