SEB Appoints Christoffer Malmer as CFO, Effective 1 October 2024, Succeeding Masih Yazdi

Swedish banking group SEB announced on 30 September 2024 that Christoffer Malmer had been appointed Chief Financial Officer, with the appointment effective from 1 October 2024. Malmer had previously served as Head of SEB Embedded.

Malmer succeeds Masih Yazdi, whose decision to leave the CFO position at SEB had been announced eleven days earlier on 19 September 2024.

MALMER'S BACKGROUND

SEB Embedded is the group's unit focused on embedding financial services into third-party platforms and digital ecosystems.

Before joining SEB, Malmer spent nine years in equity research at Goldman Sachs in London covering European banks, from 2007 as Managing Director and Head of European Financials Research. At SEB he previously led SEBx, co-headed the Corporate & Private Customers Division, headed the Wealth Management Division and sat on the Group Executive Committee from 2014 to 2018.

SEB is one of Sweden's major banks, serving corporate and institutional clients across the Nordic region and internationally.

President and CEO Johan Torgeby said Malmer has "vast experience of our business, great understanding of the banking sector and in-depth knowledge of the technological development within the industry".