Owner and organization

Here you will find information about FOREX's owners, structure, organization and corporate governance. You will also find the Board of Directors and Board Committees, information about the auditor, control functions, guidelines for diversity and the management team at FOREX.

Board Management team Board of Directors and Board Committee Diversity guidelines Auditor Control Functions Corporate governance

Hand with yellow sleeve holding up three yellow FOREX envelopes with travel currencies for travel

Information

FOREX was founded in 1965 and initially sold travel currency and provided payment services. In 2003, FOREX received a banking license and also operated banking operations until 2022. The banking operations were then discontinued in order to strengthen FOREX's position as the Nordic market leader in travel currency. In addition to currency exchange, FOREX offers other services and products related to travel. The company is currently active in Sweden, Denmark, Finland and Norway and currently has 84 stores in the Nordic region.

FOREX AB, 516406–0104, is a wholly owned subsidiary of FOREX Holding AB. Family members Beth Friberg and Tom Friberg exercise joint control over FOREX Holding AB through their holding of shares and voting rights. The Friberg family is also actively involved in the operations of FOREX AB, its subsidiaries and its branches. The operations are controlled by the Risk Control, Compliance and Internal Audit Function.