Changes in the SEB Group Executive Committee

Changes in the SEB Group Executive Committee Press release
Stockholm & nbsp; October 23, 2019
Changes in the SEB Group Executive Committee

As announced in today's interim report for the third quarter of 2019, the following governance changes will take effect on 1 January 2020.

"These changes strengthen our ability to implement our business plan and drive change. Taking the next step in technology & nbsp; In this area, we focus heavily on efficiency so that we can better meet customer expectations. I am happy to lead and be part of a team with such smart and dedicated people, "said President Tor Torby.

Masih Yazdi, who is currently the Chief Financial Officer and a member of the Group Executive Committee (GEC), has been appointed CFO. Masih joined SEB in 2013 and holds a master's degree in business administration from Stockholm University. Prior to his current position, he was a highly rated stock research analyst. He has also worked as a risk analyst at the Swedish Financial Supervisory Authority.

Nina Korfu-Pedersen, who is currently the Group's Chief Financial Officer and a member of GEC, has been appointed Head of Support Services and Operations. Nina joined SEB in 2010 as Head of Group Finance. He has a master's degree in business and economics from BI Norwegian Business School and a master's degree in international business and politics from the University of Reading. He has worked as a management consultant at PA Consulting and as head of group control. Strategy If P&C Insurance. & nbsp;

Petra Ålund has been appointed a member of GEC and has been the head of technology since April 2019. Petra joined SEB in 2017 as Head of Global IT Services and holds a Master's degree in International Economics from Linköping University, among others. Prior to joining SEB, he held many IT management positions at Sandvik and Scania.

Nicolas Moch, Head of Information, has been appointed a member of the GEC. He reports to Petra Ålund. Nicolas joined SEB in 2008 and holds a Master's degree in Technical Physics from the Royal Institute of Technology in Stockholm and a Master's degree in Engineering and Management from the Ecole Centrale in Paris. Prior to joining SEB, he worked at Capgemen in several IT and management consulting positions.

Martin Johansson has been appointed Senior Adviser to the President and CEO, leaving his current role as Head of Business Support; Chief of Staff and Member of the GEC. Martin will remain an additional member of the GEC.

Additional members of GEC are Javiera Ragnartz, Head of Investment Management, and Mark Luscombe, Head of SEB in the United Kingdom.

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SEB is the leading financial services group in the Nordic countries, firmly convinced that entrepreneurship and innovative companies are key to creating a better world. SEB takes a long-term perspective and supports its customers in both good and bad times. In Sweden and the Baltics, SEB offers financial advice and a wide range of financial services. In Denmark, Finland, Norway, Germany and the United Kingdom, the Bank's activities are strongly focused on corporate and investment banking, based on providing a full service to corporate and institutional clients. The international nature of SEB is reflected in its presence in about 20 countries around the world. As of September 30, 2019, the Group's total assets amounted to SEK 3,046 billion, while its assets under management amounted to SEK 1,943 billion. The group has about 15,000 employees. You can find more information about SEB at http://www.sebgroup.com.


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