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