The Board

The board is selected by the board of Representatives at a meeting held in association with the general meeting. Duration of service and dates of election are to be adapted such that approximately one third of the board members are chosen in association with each annual general meeting.

Ulla Herlitz

Ulla Herlitz
Styrsö
Chair

Britt-Marie Lundh

Britt-Marie Lundh
Stockholm
Member

Henrik Almhagen

Henrik Almhagen
Vällingby
Member

Cecilia Näsman

Cecilia Näsman
Bromma
Member

Johan Öhnell

Johan Öhnell
Södertälje
Member

Geseke Lundgren

Geseke Lundgren
Järfälla
Member

Annika Laurén

Annika Laurén
Järna
Managing Director

Kristoffer Lüthi

Kristoffer Lüthi
Järna
Deputy Managing Director, Deputy Member

The members of the board listed above, with the exception of the managing director and assistant managing director, are independent of the bank.
The distribution of areas of responsibility between the chair of the board and the managing director is specified by written principles. Preparation of issues relating to the management remuneration is carried out by the chair of the board. The remuneration consists of a monthly salary and a normal pension.
Minutes of board meetings are to be kept by Kristoffer Lüthi.

The bank has a CEO and a deputy CEO appointed by the Board. The main functions within the bank are finance, IT, credits, marketing, operations and risk/compliance. The bank has a credit committee deciding on credits with amounts above the limits for the CEO. In addition there is an audit committee working with internal and external auditing.