Press release 
 Stockholm 23 October 2019 
   Changes in SEB's Group Executive Committee 
   As announced in today's interim report for the third quarter of 2019, 
the following management changes will be effective as of 1 January 2020. 
   "These changes will strengthen our abilities to deliver on our business 
plan and drive change. By taking the next step within the technology 
area we will increase our focus on operational excellence so that we can 
meet our customers' expectations even better. I am happy to lead and be 
part of a team with such smart and dedicated people" says Johan Torgeby, 
President and CEO. 
   Masih Yazdi, currently Finance Director and member of the Group 
Executive Committee (GEC), has been appointed Chief Financial Officer 
(CFO). Masih joined SEB in 2013 and holds a master's degree in business 
administration from Stockholm University. Prior to taking on his present 
position he was a highly ranked equity research analyst. He has also 
worked as a risk analyst at the Swedish Financial Supervisory Authority. 
   Nina Korfu-Pedersen, currently Head of Group Finance and member of the 
GEC, has been appointed Head of Business Support and Operations. Nina 
joined SEB in 2010 as Head of Financial Services within Group Finance. 
She holds 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. She has a background as a 
management consultant with PA Consulting and as Head of Group Control & 
Strategy at If P&C Insurance. 
   Petra Ålund, Head of Technology since April 2019, has been 
appointed member of the GEC. Petra joined SEB in 2017 as Head of Global 
IT Services and holds among other a Master of Science in International 
Economics from the University of Linköping. Prior to joining SEB 
she has held a number of senior IT positions at Sandvik and Scania. 
   Nicolas Moch, Chief Information Officer (CIO), has been appointed member 
of the GEC. He will report to Petra Ålund. Nicolas joined SEB in 
2008 and holds a Master of Science in Engineering Physics from the Royal 
Institute of Technology in Stockholm and Master of Science in 
Engineering and Management from Ecole Centrale Paris. Prior to joining 
SEB he has held a number of senior IT and management consultant 
positions at Capgemeni. 
   Martin Johansson has been appointed Senior Advisor to the President and 
CEO and will leave his current role as Head of Business Support & Chief 
of Staff and member of the GEC. Martin will remain as additional member 
of the GEC. 
   Javiera Ragnartz, Head of Investment Management, and Mark Luscombe, Head 
of SEB in the UK, have been appointed additional members of the GEC. 
For further information, please 
 Frank Hojem, Head of Corporate 
 +46 (0)8 763 9947 
 mailto:frank.hojem@seb.se frank.hojem@seb.se 
SEB is a leading Nordic financial services group with a strong 
 belief that entrepreneurial minds and innovative companies 
 are key in creating a better world. SEB takes a long-term perspective 
 and supports its customers in good times and bad. In Sweden 
 and the Baltic countries, SEB offers financial advice and a 
 wide range of financial services. In Denmark, Finland, Norway, 
 Germany and UK the bank's operations have a strong focus on 
 corporate and investment banking based on a full-service offering 
 to corporate and institutional clients. The international nature 
 of SEB's business is reflected in its presence in some 20 countries 
 worldwide. At 30 September 2019, the Group's total assets amounted 
 to SEK 3,046bn while its assets under management totalled SEK 
 1,943bn. The Group has around 15,000 employees. Read more about 
 SEB at http://www.sebgroup.com http://www.sebgroup.com. 
   -- 38 191023 Changes in SEB's GEC 

(END) Dow Jones Newswires

October 23, 2019 01:15 ET (05:15 GMT)

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