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Harry Klagsbrun new Executive Vice President of SEB and head of SEB Invest

Harry Klagsbrun has been appointed head of SEB Invest. He will be a member of SEB's group executive committee.
 
Harry Klagsbrun was previously President and CEO of Alfred Berg between 1996 and 2000 and, during this period, developed that company's asset management in Sweden and the Nordic region. Prior to that, Harry Klagsbrun was employed as Corporate Finance Manager at Handelsbanken, between 1989 and 1995, and worked with investment banking at Smith Barney in New York, between 1982 and 1989.
 
SEB Invest will now also become a separate division, with approximately 520 employees in Sweden, Denmark, Finland and the US, as well as at SEB's branch offices in London and Oslo. Operations comprise management and sales of mutual funds, as well as institutional management. At June 30, 2001, SEB Invest managed assets amounting to approximately SEK 579 billion.
 
Harry Klagsbrun will assume his new position on October 15.
 
For further information please contact:
Boo Ehlin, Corporate Press Manager, tel. +46 8 763 85 77, +46 70 763 85 77
Gunilla Wikman, Head of Group Communications, tel. +46 8 763 81 25, +46 70 763 81 25