"On behalf of the SEB Board I would like to thank Penny Hughes for her strong contribution and significant commitment to SEB over the past nine years, "says Marcus Wallenberg, Chairman of the Board.
SEB is a North European financial group serving some 400,000 corporate customers and institutions and five million private individuals. SEB offers universal banking services in Sweden, Germany and the Baltic countries - Estonia, Latvia and Lithuania. It also has local presence in the other Nordic countries, Poland, Ukraine and Russia and a global presence through its international network in major financial centers. On 30 June 2009, the Group's total assets amounted to SEK 2,374bn (~EUR 220bn) while its assets under management totalled SEK 1,267bn (~EUR 120bn).The Group has about 20,500 employees. Read more about SEB at www.sebgroup.com
For further information, please contact:
Viveka Hirdman-Ryrberg, Head of Corporate Communications +46-70 550 35 00, +46-8-763 85 77