Sweden-based Swedbank announced its board of directors has appointed Ingrid Harbo as its permanent chief compliance officer. Harbo, who had been chief audit executive since 2011, was serving as interim CCO. She will continue to be co-opted to the group executive committee.
In March 2019, Swedbank’s board of directors said it dismissed Chief Executive Officer Birgitte Bonnesen amid allegations the bank was used to launder billions of dollars out of Russia under her watch. At the same meeting, the board appointed current CFO Anders Karlsson as acting president and CEO. The bank is currently under investigation by financial supervisory authorities in both Sweden and Estonia, as well as the United States.
