Birgitte Bonnesen
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Birgitte Bonnesen, born May 18, 1956, in Odder in Jutland, Denmark, is a Danish-Swedish business leader. Between 2016 and 2019, she was CEO of Swedbank and between 2017 and 2019 chairman of the Swedish Bankers' Association.
In 1979–1985, she studied economics, English and French at the University of Aarhus with a master's degree in 1985.
She moved to Sweden in 1987 and began working at Sparbanken the same year, which would later become Swedbank. In the years 2009–2011, she was head of the bank's internal audit, between 2011 and 2014 she was head of Swedbank's operations in Estonia, Latvia and Lithuania, and from 2015 head of the bank's operations in Sweden. She was the CEO of Swedbank 2016–2019.
Retirement 2019 and legal aftermath[edit]
In the autumn of 2018, Bonnesen assured that Swedbank does not have foreign customers in the Baltics, who only move money via the bank. By SVT's Assignment Review on February 20, 2019, broadcasting a program about its review of Swedbank's customers in the Baltics in previous years, Bonnesen's previous statements were questioned, and she was forced to resign on March 28, 2019. She also left her position as chairman of the Swedish Bankers' Association when she was fired [1] as CEO of Swedbank.
On 23 March 2020, Swedbank announced that its Board of Directors had decided to unilaterally terminate the agreement on severance pay to Bonnesen. In total, Bonnesen would have received severance pay of 18 monthly salaries, approximately SEK 21.5 million, (US$2348310.86) according to the bank's annual report.
Chief Prosecutor Thomas Langrot at the Economic Crime Authority decided on 4 January 2020 to bring charges[2] against Bonnesen for aggravated fraud, or aggravated market manipulation. The indictment concerns Bonnesen's statements in 2018 and 2019 about the bank's work against money laundering in the Baltics. The prosecutor alleged that Bonnesen knowingly or through gross negligence disseminated misleading information that affected investors' assessment of the company. This was the first time that a former CEO of one of the major Swedish banks was prosecuted for crimes committed in the service.
References[edit]
- ↑ "Swedbank chief executive fired over money laundering scandal". The Financial Times. 2019-03-28. Retrieved 2022-01-06.
- ↑ "Swedbank ex-chief charged over money laundering scandal". The Guardian. 2022-01-04. Retrieved 2022-01-06.
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