Former Social Democratic prime minister Göran Persson has accepted the nomination committee’s proposal to become the next chairman of Swedbank’s board.
Before he takes up the position, the proposal needs to pass an extraordinary general meeting. He also needs to leave his current posts, which include membership of the board of Ålandsbanken.
Dagens Industri (DI) writes that with Göran Persson as chair, there is a risk of a further conflict of interest arising in relation to the Financial Supervisory Authority (FI). When Göran Persson was prime minister, he worked closely with FI’s current chair, Sven-Erik Österberg. Göran Persson left politics after losing the election in 2006, but their contact continued long after this.
If a conflict of interest is considered to arise, it could mean neither FI’s director general nor chair may participate in decisions concerning the bank.
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