Corporate governance and division of responsibility
The purpose of Swedbank’s corporate governance is to strengthen profitability and ensure that the bank is governed with a focus on close customer relationships and advisory services. This is achieved through a decentralised business model where business decisions are made as close to the customer as possible.
Swedbank's values – simplicity, openness and consideration – are the foundation for creating trust in the bank. These values are tied to the bank’s purpose, goals and strategies, and provide guidance on how it is governed and how employees act on a day-to-day basis.
Corporate governance at Swedbank is based on current external regulations as well as internal policies and instructions. These specify the delegation of responsibility for governance, control and monitoring of operations between the shareholders, the Board of Directors and the CEO. It's the Board that establishes the principles of corporate governance. The Board and the CEO in turn govern operations through a clearly-defined governance model that includes a number of policies and instructions. This model describes the delegation of responsibilities within the Group.
The structure for corporate governance and governance philosophy comprises:
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More Information
Corporate governance reports
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