Björknert officially takes over as PrivatBank CEO from January 20

From January 20, 2025, Mikael Björknert officially takes over as Chief Executive Officer (CEO) of PrivatBank.

This is indicated in the bank's statement, the Ukrainian News agency reports.

On October 7, 2024, the Supervisory Board of PrivatBank announced the election of Mikael Björknert to the position of the CEO of the bank.

On January 16, 2025, his candidacy was approved by the National Bank, which technically completed the process of a large-scale international competitive selection.

Björknert plans to focus on strengthening digital initiatives and increasing operational efficiency.

Previously, he held the position of Head of Banking at Swedbank, where he was responsible for the entire range of banking services, from retail and corporate banking to operational issues and digital transformation.

At Swedbank, Björknert implemented strategic planning and digital banking initiatives.

He is also an internationally recognized expert in the banking sector.

Before joining PrivatBank, he served as the Chairman of GetSwish and Bankgirot (Sweden), as well as was a member of the Board of Nasdaq (Nordic).

In addition, he headed the Global Transactions Service at SEB Bank.

As the Ukrainian News agency earlier reported, media outlets previously reported that Gerhard Bösch decided to resign early from the position of the CEO of PrivatBank.

PrivatBank appointed Gerhard Bösch as the CEO in May 2021, and in June the NBU approved his candidacy.

He was appointed for a 5-year term.

The CEO of a state-owned bank is appointed by the bank's Supervisory Board based on the results of a competitive selection.

The CEO takes office after the National Bank approves his candidacy.