Cecilia Hernqvist has worked at Swedbank since 1990 and is currently the Chief Legal Officer. In that capacity, she has been a member of the Group Executive Committee and also Company Secretary. Cecilia Hernqvist will report to Göran Bronner, CFO.

"I am very pleased that Cecilia Hernqvist is taking up the post of head of Communications. We have worked closely in the Group Executive Committee and I know the breadth of knowledge she has. Her knowledge about all the bank's operations and her communicating ability means she will quickly enter into her new role," said Göran Bronner.

Internal recruitment has begun to find a Chief Legal Officer.

"I have worked with diverse legal matters for many years at the bank and in many cases the communications aspects have been crucial. When I got this chance it did not take me long to make up my mind. I now look forward to continuing my journey at the bank," said Cecilia Hernqvist.

Peter Borsos, the current head of Communications, will be leaving the bank when Cecilia Hernqvist takes up her new position at the turn of the year.