Ingrid Harbo, Swedbank’s chief compliance officer during a tumultuous period, announced Tuesday she will retire in March 2022.

Harbo was named Swedbank’s permanent chief compliance officer in September 2019 as the bank was under fire amid allegations it was used to launder billions of dollars out of Russia. The turmoil led the bank to fire its then-chief executive officer, Birgitte Bonnesen, in March 2019.

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Aaron Nicodemus is the Editor-in-Chief of Compliance Week. He previously worked as a reporter for Bloomberg Law and as business editor at the Telegram & Gazette in Worcester, Mass. Email: aaron.nicodemus@complianceweek.com LinkedIn:...