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New Head of SEB Invest & Funds

Kaj-Gustaf Bergh has been appointed Head of SEB Invest & Funds. He was previously Head of Sales within SEB Invest & Funds, and before that Head of Nordic Units and Staff at SEB Asset Management. Kaj-Gustaf Bergh was CEO of Ane Gyllenberg in Finland during the period of 1987 to 1997.

Kaj-Gustaf Bergh will succeed William af Sandeberg, who will remain at disposal during a transitional period.

SEB Invest & Funds has approximately 500 staff members and manages over SEK 600 billion, of which a third represents mutual funds.

SEB is a financial group focused on e-banking, savings and growth companies. SEB is one of the largest financial groups in Scandinavia, with SEK 942 billion in funds under management and total assets of SEK 1 108 billion (30 September 2000). The Group has approximately 20,000 employees and is represented in some 20 countries around the world. SEB has today approximately 630 retail and private banking branches, mainly in Sweden, Germany and the Baltic region and 700,000 e-banking customers in seven countries. During the current year SEB will start online brokerage service in Germany and e-banking in England. Read more about SEB: www.seb.net