The President is responsible for the day-to-day management of the Group's activities in accordance with the guidelines, policies and instructions established by the Board. The President reports to the Board and submits at each board meeting a report on the performance of the business in relation to decisions made by the Board, among other things. The Board of Directors has adopted an instruction for the President and Chief Executive Officer's work and duties.
The President appoints the Heads of Divisions and the Heads of Group Staff and Support functions. The Group's Chief Financial Officer is appointed in consultation with the Chairman of the Board.
SEB's President and Chief Executive Officer (CEO) is Johan Torgeby.
The President has five separate committees at his disposal for the purpose of managing the operations: the Group Executive Committee, the Asset and Liability Committee, the Group Risk Committee and the Group Executive Sustainability Committee, and the Internal Control and Compliance Committee.
To safeguard the interests of the Group as a whole, the President consults with the GEC on matters of major importance or of importance as to principles. The GEC deals with, among other things, matters of common concern to several divisions, strategic issues, business plans, financial forecasts and reports.
