Swedbank appoints Jens Henriksson as CEO

Swedbank has appointed Jens Henriksson as president and CEO by the company’s board of directors.

He will take on the position as soon as possible and replaces Anders Karlsson, who has been acting CEO since 28 March 2019.

He joins the firm following a role at Folksam as president, and CEO of Folksam Liv and Folksam Sak. Henriksson has also previously been CEO of the Stockholm Stock Exchange, Nasdaq OMX. He has also been a board member at the IMF in Washington. During his time in Washington he was responsible for the Baltic and Nordic region, and worked with Latvian and Icelandic IMF programs.

Henriksson has also, during a shorter period, been head of banking relations at Swedbank and has a long experience from the Swedish Ministry of Finance, where he held different positions including State Secretary with assignments in the EU Financial and Economic Committee, EFC. He holds a M.sc. degree in Electrical Engineering and a B.A in Economics and a Ph.lic in Economics.

Commenting, Swedbank AB chairman of the board, Göran Persson, said: “With Jens Henriksson, the bank will have a CEO who combines an experienced leadership, a strong communicative ability and a broad knowledge of the banking and financial industry.

“Jens Henriksson has the overall competence that is required to take on the current situation of the bank based on recent criticism, the rapid technological change and the competition that characterises the banking sector. Furthermore, Jens Henriksson has an understanding of the societal development both in Sweden and globally, in combination with a great respect and understanding of Swedbank’s values and heritage.”

Henriksson said he is “humble and honoured” but aware of the “challenges” ahead.

“My major task as president and CEO of Swedbank is to rebuild the trust for the bank, to further develop the bank’s sustainability profile and to continue the successful digitalisation journey. With the 200 years of tradition and history, the many competent employees and the loyal customers, we have all the prerequisites needed to further strengthen the bank’s position in the future.”

Until the date of accession, Karlsson will continue in his current role as acting president and CEO of Swedbank. Following that, he will return to his regular role as CFO.

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