Auditors

According to its Articles of Association, the Bank shall have at least one and not more than two auditors with at most an equal number of deputies. A registered accounting firm may be appointed auditor. The auditors are appointed for a period of one year, in accordance with Swedish law.

At the AGM 2019 Ernst & Young AB was elected as auditor of the bank for the period up to and including the 2020 AGM. Lead audit partner is Hamish Mabon.

Hamish Mabon was born 1965

Authorised Public Accountant, member of FAR since 1992 and FAR Certified Financial Institution Auditor in Sweden

Other assignments: Skanska AB, Essity AB, Husqvarna AB, Svenska Cellulosaaktiebolaget SCA

Previous assignments: Vattenfall AB, Hexagon AB, If P&C Insurance

The fees charged by the auditor for the auditing of the Bank's annual accounts for the financial year ending 31 December 2017 and for 2018, respectively, and for other assignments invoiced during these periods, are shown in the table.

SEK, m20182017
Audit assignments 27 30
Audit related services 12 21
Tax advisory 15 12
Other assignments 21 5
Total 1) 75 69 

1) Of which PriceWaterhouseCoopers SEK 58m (65).