Skandinaviska - Re Snr.Executive Appointments

RNS Number:3116G
Skandinaviska Enskilda Banken
28 February 2000


NEW EXECUTIVE COMMITTEE AND GROUP MANAGEMENT AT SEB

At SEB, a new, smaller Executive Committee has been appointed.  It is made up of
the following executives:

Lars H Thunell,            President and Chief Executive Officer (CEO)
Monica Caneman,            Deputy CEO and Head of Nordic Banking
Ann-Charlotte Dahlstrom,   Global head of Human Resources
Lars Gustafsson,           Chief Information Officer
Lars Lundquist,            Deputy President of BfG Bank
Anders Mossberg,           Head of Asset Management & Liv (life)
Anders Rydin,              Chief Financial Officer (CFO)

Apart from those mentioned above, SEB's Group Management is made up of the
following executives:

Annika Bolin,              Head of Merchant Banking
Mariana Burenstam Linder,  Head of SEB Enskilda Banken
Fleming Carlborg,          Head of Retail Distribution
Magnus Carlsson,           Deputy Head of Merchant Banking
Per-Erik Coos,             Special Projects
Bernd Kiene,               responsible for Private Clients at BfG
Mats Kjaer,                Head of SEB Baltic Holding
Hakan Larsson,             Head of Strategic Planning
Johan H Larson,            Head of SEB Internet
Mats E Larsson,            Deputy Head of Retail Distribution
Ernst Maul,                responsible for Institutional Clients at BfG
Per-Anders Ovin,           Head of Enskilda Securities
Zaid Pedersen,             Head of Group Treasury
Einar Thodal Ness,         Head of SEB Securities Services
Gunilla Wikman,            Head of Group Communications

Ulf Thornander,            Head of Legal Department and secretary to the board 
                           of SEB and the Executive Committee

New appointments within SEB's Group Management

Annika Bolin, born 1962, appointed, last week, to the position of Head of the
Merchant Banking business area.
See Separate press release.

Magnus Carlsson, born 1956, Deputy Head of Merchant Banking, responsible for
Corporate Banking.

Ann-Charlotte Dahlstrom, born 1952, newly-appointed Global Head of Human
Resources.  Currently with Ericsson - takes up the appointment with SEB in May.
See separate press release.

Bernt Kiene, born 1951, responsible for Private Clients at BfG,
Ernst Maul, born 1943, responsible for Institutional Clients at BfG.
These posts at Group Management will rotate amongst the various members of BfG's
Vorstand (Management Committee).

Mats E Larsson, born 1951, Deputy Head of Retail Distribution, responsible for
Business Development.

Hakan Larsson, born 1949, Head of Strategic Planning.

Einar Thodal Ness, born 1955, Head of SEB Securities Services.

Gunilla Wikman, born 1959, Head of Group Communications.

"SEB is a different company from what it was half a year ago.  The number of
employees has doubled to 21,000.  Since the acquisition of BfG and the three
Baltic banks, half the staff is outside the borders of Sweden.  We find
ourselves in an intense process of change, where Internet is at its centre.  The
organisation has been structured into four main groups:

Nordic Banking, Asset Management & Live (life), BfG and Other Operations," says
Lars H Thunell, President  & CEO of SEB.

"It therefore feels right that we follow this by creating a smaller, more
efficient-running Executive Committee - and at the same time we have created
broader representation with Group Management.

for further information, please contact:

Gunilla Wikman, Head of Group Communications
Telephone:  +46 8 763 8125

Lotta Treshow, Head of Investor Relations,
Telephone: +46 8 763 9559


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