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New boss named for SEB's Baltic operations

Swedish bank SEB has named a new head of its Baltic banking operations.

The new Baltic banking head, Jonas Ahlström joined SEB in 2005 from Investor AB and has since then held several roles in different parts of the bank. In 2018, he assumed the role as Chief Financial Officer (CFO) of the Baltic division.

“I am happy that Jonas Ahlström accepted the important task of leading the Baltic division. He has a proven track record from his long career within SEB and has been successful in his role as CFO in the Baltic division over the last two years. With his background from various leadership roles within SEB, I feel confident that the succession will be well accomplished.” said Johan Torgeby, President and CEO of SEB.

“After almost 20 years in the bank I have decided to move on. I have had several interesting roles, not the least during last four years as head of the Baltic division. I’m grateful to SEB for this journey.” said Riho Unt, outgoing head of the Baltic division.

The change took effect 7 on February, though Riho Unt will leave SEB only after the summer of  2020. During his notice period he will continue as the Chair of SEB Baltic banks supervisory councils and take on a role as senior advisor, focusing on SEB’s financial crime prevention program and the public-private partnership against financial crime. 

Late last year Swedish Television produced a series of hard-hitting reports questioning the track records of SEB and Swedbank in the Baltics.

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