Managerial Change

RNS Number:1189L
Skandinaviska Enskilda Banken
4 October 2001


Per Anders Fasth has been appointed new Head of SEB's Group Investor Relations.

Per Anders Fasth, who joined the SEB Group in 1995 after six years with McKinsey
& Company, is currently Head of the CEO Office. Within SEB, he has previously 
been Deputy Managing Director and Head of Private Clients within SEB Enskilda 
Banken, Head of Strategy and Acquisitions within SEB Asset Management as well as
Programme Manager for the Restructuring of the German subsidiary bank BfG (now 
SEB AG) during 2000.

Per Anders Fasth will assume his new position on 1 November 2001.

Present Head of Investor Relations, Lotta Treschow, will take on a role as 
Senior Advisor within Group IT up to 1 April 2002, when she will retire.

SEB is a European financial group especially for corporations and financially 
active private individuals. SEB has 630 branch offices in Sweden, Germany and 
the Baltic States, with 4 million customers in total. Of these, 1 million are 
Internet customers. SEB also has operations in the rest of the Nordic countries,
Great Britain, Luxembourg and Switzerland. The balance sheet total is SEK 1,188 
billion and assets under management amount to SEK 892 billion. The number of 
employees amount to 20,950. Read more about SEB: www.seb.net

For further information please contact:

Per Anders Fasth, tel. [phone]

Lotta Treschow, tel. [phone]

Gunilla Wikman, Head of Group Communications, tel. [phone]