OREANDA-NEWS. Starting on 1 November 2011, the work of the SEB Group Baltic Division will be led by David Teare. Current director Martin Johansson will be taking up the post of director of SEB Group Business Support on the same day, reported the press-centre of SEB.

David will then report to Martin, who will continue at the same time as the chairman of the supervisory board of SEB Estonia, Latvia and Lithuania.

David currently works as the director of client relations in SEB's Corporates and Institutions Division. In taking up his new post, he will also become a member of the management board of the SEB Group.