Mats Lagerqvist has resigned as CEO of Swedbank Robur AB. Swedbank Robur is a wholly owned subsidiary of Swedbank. Founded in 1967, Robur was one of the first fund managers in Sweden.
According to the press release accompanying the statement: As part of ongoing changes at Swedbank, the bank has decided to make certain changes to the Board of the holding company Swedbank Robur AB, owning the fund management company Swedbank Robur Fonder AB. In connection to these changes, Mats Lagerqvist will resign as CEO of Swedbank Robur AB and move on externally.
Peter Rydell Head of Swedbank Region West, will be acting CEO of Swedbank.
At an extraordinary general meeting scheduled for Monday 23 November, a new Board composition will be proposed:
Michael Wolf, CEO of Swedbank AB, new Chairman;Gran Bronner, Chief Risk Officer Swedbank AB, new Board member;Stefan Carlsson, Head of Swedbank Markets Swedbank AB, new Board member;Kjell Hedman, Head of Swedish Banking Swedbank AB, new Board member.
Swedbank were not available for comment on Lagerqvists resignation.