Cecilia Lager to head SEB Fonder (Mutual Funds)

Cecilia Lager to head SEB Fonder (Mutual Funds) Cecilia Lager has been appointed head of SEB Fonder, a unit of SEB Asset Management. Lager joined SEB Asset Management in 2000 and is today chief operating officer for the division. She takes up her new position on January 1, 2003. Harry Klagsbrun, head of SEB Asset Management, says: - We are pleased to have Cecilia in this position. The mutual funds business represents a considerable part of SEB Asset Management. Cecilia has broad experience in asset management as well as mutual fund business. These are important qualities necessary to support the ongoing work in developing the service for our customers. Cecilia Lager, new Head of SEB Fonder (Mutal Funds): - I am looking forward to working with a customer-oriented business within SEB. Both 2001 and 2002 have been tough years for stock markets worldwide and for our unit trust investors. During this period, we have focused on making our operations more effective and increasing the return on investment for our customers. As a result, we are stronger today than two years ago. I look forward to further honing our offer to customers and strengthening the position of SEB Fonder in the Swedish market. Cecilia Lager will enter here position 1 January 2003. For further information, please contact; Lena Bivner, informant SEB, +46 8 763 85 77, +46703-05 45 80 Cecilia Lager, SEB Asset Management, +46 8 -788 61 15 SEB Asset Management offers a full spectrum of investment management expertise and services to institutions, life insurance companies and retail clients - from low-risk portfolios to private equity and hedge funds. SEB Asset Management has offices in Copenhagen, Helsinki, New York, Stamford and Stockholm. The division has more than 100 persons engaged in portfolio management.