Businesswire_Swedbank: New Head of Hansabank Estonia Appointed (January 22)

22.01.2008

(BUSINESS WIRE)--Regulatory News:

Priit Perens, member of Hansabank Estonia management and current Head of corporate banking, will become the new Head of the bank’s operations in Estonia. Priit Perens has worked in Hansabank since 2002 and has a degree in economic cybernetics from Tartu University. Priit Perens will take up his new position in mid-February.

"I’m very happy to say that Priit Perens has agreed to take over the position as the head of Estonian operations. Priit Perens has extensive experience in banking sector, and is one of the most successful top managers in Hansabank today," says Erkki Raasuke, CEO of Hansabank.

The current head of Hansabank Estonia, Priit Põldoja will leave Hansabank and continue his career as a partner in private equity firm Alta Capital Partners.

Swedbank’s vision is to be the leading financial institution in the markets where we are present. Swedbank has 9 million retail customers and 500,000 corporate customers with more than 470 branches in Sweden, 290 branches in the Baltic countries and another 190 branches in Ukraine. The group is also present in Copenhagen, Helsinki, Kaliningrad, Luxembourg, Marbella, Moscow, New York, Oslo, Shanghai, St. Petersburg and Tokyo. As of December 2006 the group had total assets of SEK 1,400 billion and approximately 17,000 employees. For more information about Swedbank, please visit www.swedbank.com.

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