The Board

The Board consists of eight members elected at the annual general meeting. Employee organisations have appointed employee representatives to the Board, two ordinary members and two substitutes.

At the Annual General Meeting (AGM) on 25 March 2026, the following members of the Board of Handelsbanken were re-elected: Stina Bergfors, Hans Biörck, Pär Boman, Kerstin Hessius, Anders Jernhall, Louise Lindh, Fredrik Lundberg  and Ulf Riese. Pär Boman was re-elected as Chairman of the Board.

At the subsequent first Board meeting, Fredrik Lundberg was appointed as Vice Chairman of the Board.

The Board is Handelsbanken’s highest administrative body and is responsible for the Bank’s organisation and manages the Bank’s affairs on behalf of its shareholders. This includes, inter alia, establishing the overall goals and strategy of the company as well as following up operations. The Board establishes policies and instructions on how this is to be executed, and establishes rules of procedure for the Board and also an instruction for the Chief Executive Officer. These steering documents state how responsibility and authority are allocated among the Board as a whole, the committees, the Chairman of the Board and the Chief Executive Officer. The fundamental rules regarding the distribution of tasks is in accordance with the Swedish Companies Act and the Swedish Corporate Governance Code. The appointments made by the Board include the Chief Executive Officer, Executive Vice Presidents, members of the Executive Team and the heads of the control functions. Moreover, the Board also stipulates the employment terms for these persons. 

The Chairman of the Board is responsible for evaluating the Board's work and to inform the nomination committee of the results of the evaluation.

The Board has established committees to handle certain specific matters and to prepare matters for the Board’s decisions.

The Board’s Credit committee decides on credit cases where the amount exceeds the decision limit that the Board has delegated to another unit. Cases of special importance and credits to Board members and certain persons in managerial positions are decided upon by the Board as a whole.

The Audit committee monitors the Bank’s financial reporting by examining important accounting matters and other factors that may affect the qualitative content of the financial reports. The committee also monitors the effectiveness of the Bank’s and Group’s internal control, internal audit and risk management with regard to financial reporting, and the external auditors’ impartiality and independence. 

The Risk committee monitors the effectiveness of the Handelsbanken Group’s risk control and risk management. The committee prepares decisions in the Board regarding items including the Bank’s risk strategy and risk tolerance, and processes reports from Handelsbanken Risk Control and Handelsbanken Compliance.

The Remuneration committee’s tasks include making an independent assessment of Handelsbanken’s remuneration policy and remuneration system. The Remuneration committee also prepares matters regarding remuneration to be decided on by the Board. The Board determines remuneration for, among others, the Chief Executive Officer, the Executive Vice President, members of the Executive Team and the heads of the control functions. Each year, the Remuneration committee evaluates Handelsbanken’s guidelines for remuneration to executive officers as well as the Bank’s remuneration structures and levels in accordance with the Swedish Corporate Governance Code.