June 18, 2019 / 12:58 PM / 8 months ago

Proposed Swedbank Chairman Persson says new CEO could be hired by autumn end

STOCKHOLM (Reuters) - Swedbank’s proposed new chairman Goran Persson hopes a new chief executive for the beleaguered bank can be appointed at “end of autumn”, he told Dagens Industri TV in an interview on Tuesday.

“At the end of autumn I think we can take a decision on the new CEO. Given the turbulence we have experienced we’re looking for a person with a clear presence, visibility and competence,” Persson, former Swedish prime minister, said.

Persson, who is due to be elected at an extraordinary general meeting on Wednesday, also said it hadn’t crossed his mind that Swedbank would leave the Baltics - the region at the center of money laundering allegations against Swedbank.

Reporting by Johan Ahlander, editing by Esha Vaish

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