Board of Directors

The Board’s principal task is to manage the Group’s affairs in a manner creating the best possible conditions for a good longterm investment return. The duties of the Board are governed by the Swedish Companies Act, the Swedish Code of Corporate Governance (the Code) and the procedures that the Board has established for their work. Avanza’s Board makes decisions on matters concerning the Group’s strategic direction, as well as on major investments, organizational issues, acquisitions and divestitures. Furthermore, the Board determines policies and guidelines, as well as rules of procedure for the CEO and for those responsible for Risk Control, Compliance and Internal Auditing.

The Board shall consist of not less than five, and not more than eight, members. The Annual General Meeting in 2017 elected seven board members and no deputies. The Chairman of the Board is Sven Hagströmer.