Johan Torgeby

President and CEO, Skandinaviska Enskilda Banken Ab Publ

Search every verified Johan Torgeby interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Johan Torgeby, President and CEO of SEB, spoke at PwC's Finansdagen in September 2023 about leadership, technology, and culture. He stated that authenticity and being "value-grounded" provide a stable foundation for leaders in a changing world. Torgeby described how SEB fostered innovation by placing a small team, which developed the bank's new technology stack, "at the fringe of the organization" away from compliance and risk functions. He noted that this work led to "SEB Embedded," a B2B solution allowing customers to rent a new bank, and that the first collaboration was expected to be announced soon. In a panel discussion, Torgeby remarked that the finance industry has historically struggled with trust due to the nature of handling money, and that culture is the sum of human capital, which is difficult to change quickly if it is poor. In July 2020, Torgeby discussed SEB's Q2 results and the bank's decision not to appeal a regulatory decision, stating that the bank would create more value for shareholders by focusing on developing the bank and investing in fighting financial crime. He also outlined provisioning scenarios, noting that under a base case with a 60 percent probability, provisioning would be reduced by 760 million if the positive scenario materialized, and would increase by 1.25 billion under the negative scenario.