Corporate governance and division of responsibility
Our corporate governance is designed to create a sound, effective corporate culture that fosters trust as well as customer and shareholder value. Our governance is based on employees’ familiarity with our common goals and their commitment to work together to achieve these goals.
Good corporate governance
Good corporate governance, risk management and internal control are key elements of a successful business and a prerequisite to maintaining the trust of customers, owners, employees, authorities and other stakeholders. Swedbank defines corporate governance as the relationship between shareholders, executive management, other employees, other Group companies and other stakeholders.
In a broader sense, it also encompasses
- how the vision, purpose and strategy are designed and communicated
- how well the values are complied with
- how goals are set and followed up
- how remuneration systems are designed
- how risks are managed
- how future leaders are encouraged and developed
- how a corporate culture that promotes the interests of customers and builds shareholder value is created
- how transparency is promoted
- and how we manage operations in a sustainable way
More information
No deviations from the Swedish Code of Corporate Governance (the Code) or the rules of the stock exchange (NASDAQ OMX Stockholm) were reported in 2023.
Corporate governance structure
The illustration shows Swedbank's formal corporate governance structure.
White arrows = Elects/Appoints
Orange arrows = Reports to/Informs or Recommends
