In its work, the nomination committee has taken into consideration the Board of Handelsbanken's diversity policy and the requirement of the Swedish Corporate Governance Code to aim for diversity, breadth and gender balance on the Board. The nomination committee also studied Handelsbanken's policy regarding suitability assessment of Board members.
The Group Chief Executive's performance and expertise, insight, experience and suitability are evaluated by the Board at least once annually. This evaluation is regulated by the Board's rules of procedure. It is the Board that appoints and dismisses the Group Chief Executive of Handelsbanken.
Since August 2, 2014 there are regulatory limitations for how many directorships a board member and a Chief Executive in a bank may hold. All board members and the Group Chief Executive of Handelsbanken are compliant with the new rules.
Handelsbanken allocates the resources necessary to introduce new Board members, and to provide the members with training, if necessary. Responsibilities and processes relating to this are regulated in the Board's rules of procedure.