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Avanza
Avanza Bank Holding |
  SEK |  %   SEK
Avanza Bank Holding |
  SEK |  %   SEK

Remuneration to Group Managment

Our customers always come first. Performance – including Group Management’s performance – is therefore measured by customer satisfaction, growth, scalability and cost effectiveness. We think long-term and don’t focus on short-term profitability.

Group Management’s remuneration shall reflect each person’s experience, competence and performance. Remuneration comprises a fixed salary.

The CEO’s terms of employment, remuneration and benefits are prepared by the remuneration committee and approved by the board of directors. Remuneration to other members of the group management is approved by the board of directors upon the proposal by the remuneration committee and after consultation with the CEO.

Members of the group management have acquired warrants on market terms in accordance with the incentive program resolved by the annual general meeting on 20 March 2018, 19 March 2019 and 17 March 2020.

Guidelines for remuneration to Group Management approved by the AGM 2020. Remuneration to Group Management for 2020 amounted to:

 Basic salaryPension costTotal:
CEO7,3782,85510,234
Deputy CEO2,8427823,624
Other senior executives15,4434,03419 477
Total:25,6637,67133,334