Handelsbanken’s New CEO Scraps C-Suite Titles Except His Own

Michael Green has recently become chief executive officer. He’s now decided he should be the only “chief” on Svenska Handelsbanken AB’s management team.

All members of the executive team except the CEO have new job titles without that term in them, according to a release on Tuesday. For example, Carl Cederschiöld, formerly chief financial officer, is now “Head of Handelsbanken Finance,” while Per Beckman’s title was changed from chief credit officer to “Head of Handelsbanken Credit.”

Michael Green

Source: Svenska Handelsbanken AB

A “slightly streamlined executive team and an even flatter organization means also that those of us working to support the business ...