Rikard Josefson new Head of Global Transaction ...

Rikard Josefson has been appointed the new global head of Global Transaction
Services (GTS) and will assume his new position on 1 January 2011. Rikard
Josefson is currently Head of Region East and Deputy Head of Retail Banking in
Sweden and has a long background from both the SEB Merchant Banking and Retail
Divisions. The recruitment process of Rikard Josefson's successor has commenced.

The  business area  GTS consists  of three  business units;  GTS Corporates, GTS
Banks  and  GTS  Financial  Institutions.  To  these client segments, GTS offers
products in the areas of Cash Management, Leasing, Factoring, Trade Finance, and
Custody.

SEB's Cash Management offering is today top ranked in the world when it comes to
e-technology and customer satisfaction. SEB is the leading supplier of Custody
Services in the Nordic and Baltic region, a very strong player in Trade Finance
globally and a dominating one in our key markets in Northern Europe. The GTS
organisation has 770 employees in 17 countries.



For further information,        Press contact
please contact
                               Elisabeth Lennhede, Press & PR
                               [phone],[phone]
                               [e-mail]

                               Ola Kallemur, Group Press Officer
                               [phone], [phone]

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SEB is a leading Nordic financial services group. As a relationship bank, SEB in
Sweden and the Baltic countries offers financial advice and a wide range of
financial services. In Denmark, Finland, Norway and Germany the bank's
operations have a strong focus on corporate and investment banking based on a
full-service offering to corporate and institutional clients. The international
nature of SEB's business is reflected in its presence in 20 countries worldwide.
On 30 June 2010, the Group's total assets amounted to SEK 2,318bn while its
assets under management totalled SEK 1,328bn. The Group has about 20,000
employees. Read more about SEB at www.sebgroup.com.



[HUG#1454866]





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