Management appointments in SEB

Pia Warnerman head of Group Operations & IT and Ylwa Karlgren head of Group
Ventures & IT Strategy

SEB is now taking steps to improve its customer offering further by integrating
several business support processes. Pia Warnerman, currently head of Group
Operations, has been appointed head of the newly formed Group Operations & IT
function and a member of the Group Executive Committee. Ylwa Karlgren, currently
head of Strategy & Business Development within Group Operations, has been
appointed head of a new Group Ventures & IT Strategy function.

""I am happy to announce the appointments of Pia Warnerman and Ylwa Karlgren.
They both have considerable experience of operations and IT, which are an
essential part of SEB's offerings. As we are now formally integrating these
processes and setting up a new IT Strategy function, we can meet our customers'
needs in a more efficient and seamless way, " says President and CEO Annika
Falkengren.

"I am also happy to welcome Pia Warnerman to the Group Executive Committee. She
has over the last few years successfully created a Group-wide Operations
function with global processes and will bring further focus to these customer-
critical issues," says Annika Falkengren.



For further information, please contact  Press contact
Viveka Hirdman-Ryrberg, Head of          Ola Kallemur, Head of Media Relations
Corporate Communications                 [phone], [phone]
[phone], [phone]          [e-mail]
[e-mail]


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SEB is a leading Nordic financial services group. As a relationship bank, SEB in
Sweden and the Baltic countries offers financial advice and a wide range of
other financial services. In Denmark, Finland, Norway and Germany the bank's
operations have a strong focus on corporate and investment banking based on a
full-service offering to corporate and institutional clients. The international
nature of SEB's business is reflected in its presence in 20 countries worldwide.
On September 30, 2010, the Group's total assets amounted to SEK 2,254 billion
while its assets under management totalled SEK 1,343 billion. The Group has
about 17,000 employees, excluding its retail banking operations in Germany. Read
more about SEB at www.sebgroup.com.







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