Washington, D.C. 20549

                                    FORM 6-K

                        REPORT OF FOREIGN PRIVATE ISSUER

                    Pursuant to Rule 13a-16 or 15d-16 of the
                         Securities Exchange Act of 1934

                          For the month of: March 2002

                                    ABB Ltd
               (Exact name of registrant as specified in charter)

                 (Translation of registrant's name into English)

                         (Jurisdiction of organization)

        P.O. Box 8131, Affolternstrasse 44, CH-8050, Zurich, Switzerland
                    (Address of principal executive offices)

        Registrant's telephone number, international: + 011-41-1-317-7111

Indicate by check mark whether the registrant files or will file annual reports
under cover Form 20-F or Form 40-F.

                           Form 20-F   X             Form 40-F
                                      ---                      ---

Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

                           Yes                       No   X
                               ---                       ---

If "Yes" is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b): 82-________

This Form 6-K consists of the following:

1. Press release of ABB Ltd (the "Company"), dated March 12, 2002, in respect of
Peter Voser, the Company's Chief Financial Officer, assuming responsibility for
the Company's Financial Services division.

Press Release

For your business and technology editors

ABB puts Financial Services activities under new CFO

Zurich, Switzerland, March 12, 2002 - ABB, the global power and automation
technology group, said today that it is placing its Financial Services division
under incoming chief financial officer (CFO) and executive vice president Peter

Voser, who joined ABB this month, takes responsibility for the division's four
business areas - Structured Finance, Equity Ventures, Treasury and Insurance,
with immediate effect. The other group financial functions, Controlling,
Corporate Finance & Taxes, Real Estate, Risk Management & Insurance and Value
Services, already report to the CFO.

The group function Strategy and Ventures, which includes the mergers and
acquisitions unit, will also report to the CFO.

"Given the increasing need for close coordination of our financial functions and
businesses, we have decided to move them under the leadership and guidance of
the CFO," said president and chief executive officer Jorgen Centerman. "This
organizational change will also strengthen the overall control framework."

ABB said the Financial Services activities would continue to report as a

Jan Roxendal, who has successfully headed ABB's financial services activities
since 1991 and been a member of the ABB executive committee since 1998, has
decided to leave the company but has made himself available for a transition
period of three months, ABB said.

ABB ( is a global leader in power and automation technologies that
enable utility and industry customers to improve performance while lowering
environmental impact. ABB has 155,000 employees in more than 100 countries.

For more information please contact:

Media Relations:                         Investor Relations:
ABB Corporate Communications, Zurich     Switzerland: Tel. +41 43 317 3800
Thomas Schmidt                           Sweden: Tel. +46 21 325 719
Tel: +41 43 317 6492                     USA: Tel. +1 203 750 7743
Fax: +41 1 317 7958            


     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned, thereunto duly authorized.

                                              ABB LTD

Date:  March 13, 2002                         By: /s/  BEAT HESS
                                                 Name:  Beat Hess
                                                 Title: Group Senior Officer

                                              By: /s/ HANS ENHORNING
                                                 Name:  Hans Enhorning
                                                 Title: Group Vice President