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Handelsbanken CEO to Retire Next Year

By Dominic Chopping

 

STOCKHOLM--Svenska Handelsbanken said Thursday that Chief Executive Carina Akerstrom plans to retire next year, allowing her the time to take on other assignments outside the bank.

Akerstrom, who will be 62 in October 2024, requested the bank changes her contractual age of retirement to 62 from 65.

"My present role as CEO is far too time-consuming for other assignments at this level. So hopefully the proposals for similar assignments that I am forced to say no to at present, will continue to come in the future," she said.

The process of appointing a new CEO will now be initiated, the bank said.

 

Write to Dominic Chopping at dominic.chopping@wsj.com

 

(END) Dow Jones Newswires

August 17, 2023 08:38 ET (12:38 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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