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Head of Swedish bank SEB resigns (updated)

UPDATE 1-Head of Swedish bank SEB resigns

Adds detail on resignation, replacement in paragraphs 1-4

- The top executive of SEB SEBa.ST, Johan Torgeby, has resigned for personal and family-related reasons, the Swedish bank said on Tuesday, adding it has appointed company veteran and Deputy CEO Jonas Ahlstrom as acting chief.

  • Torgeby, who served as CEO for nearly 10 years after joining SEB in 2009, is stepping down with immediate effect, SEB said in a statement

  • SEB's board will now initiate a recruitment process for a new CEO

  • Ahlstrom joined SEB in 2005


(Reporting by Louise Rasmussen, editing by Anna Ringstrom)

((Louisebreusch.rasmussen@tr.com; +45 21 27 97 79))

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