diff --git a/src/routes/safe/components/Settings/ManageOwners/ReplaceOwnerModal/index.jsx b/src/routes/safe/components/Settings/ManageOwners/ReplaceOwnerModal/index.jsx
new file mode 100644
index 00000000..112dd654
--- /dev/null
+++ b/src/routes/safe/components/Settings/ManageOwners/ReplaceOwnerModal/index.jsx
@@ -0,0 +1,151 @@
+// @flow
+import React, { useState, useEffect } from 'react'
+import { List } from 'immutable'
+import { SharedSnackbarConsumer } from '~/components/SharedSnackBar'
+import Modal from '~/components/Modal'
+import { type Safe } from '~/routes/safe/store/models/safe'
+import { type Owner, makeOwner } from '~/routes/safe/store/models/owner'
+import { setOwners } from '~/logic/safe/utils'
+import { getGnosisSafeInstanceAt } from '~/logic/contracts/safeContracts'
+import OwnerForm from './screens/OwnerForm'
+import ReviewReplaceOwner from './screens/Review'
+import { withStyles } from '@material-ui/core/styles'
+
+const styles = () => ({
+  biggerModalWindow: {
+    width: '775px',
+    minHeight: '500px',
+    position: 'static',
+  },
+})
+
+type Props = {
+  onClose: () => void,
+  classes: Object,
+  isOpen: boolean,
+  safeAddress: string,
+  safeName: string,
+  ownerAddress: string,
+  ownerName: string,
+  owners: List<Owner>,
+  network: string,
+  userAddress: string,
+  createTransaction: Function,
+}
+type ActiveScreen = 'ownerForm' | 'reviewReplaceOwner'
+
+const SENTINEL_ADDRESS = '0x0000000000000000000000000000000000000001'
+
+export const sendReplaceOwner = async (
+  values: Object,
+  safeAddress: string,
+  ownerAddressToRemove: string,
+  ownerNameToRemove: string,
+  owners: List<Owner>,
+  openSnackbar: Function,
+  createTransaction: Function,
+) => {
+  const gnosisSafe = await getGnosisSafeInstanceAt(safeAddress)
+  const storedOwners = await gnosisSafe.getOwners()
+  const index = storedOwners.findIndex(ownerAddress => ownerAddress === ownerAddressToRemove)
+  const prevAddress = index === 0 ? SENTINEL_ADDRESS : storedOwners[index - 1]
+  const txData = gnosisSafe.contract.methods.swapOwner(prevAddress, ownerAddressToRemove, values.ownerAddress).encodeABI()
+  const text = `Replace Owner ${ownerNameToRemove} (${ownerAddressToRemove}) with ${values.ownerName} (${values.ownerAddress})`
+
+  const ownersWithoutOldOwner = owners.filter(o => o.address !== ownerAddressToRemove)
+  const ownersWithNewOwner = ownersWithoutOldOwner.push(makeOwner({ name: values.ownerName, address: values.ownerAddress }))
+
+  const txHash = createTransaction(safeAddress, safeAddress, 0, txData, openSnackbar)
+  if (txHash) {
+    setOwners(safeAddress, ownersWithNewOwner)
+  }
+}
+
+const ReplaceOwner = ({
+  onClose,
+  isOpen,
+  classes,
+  safeAddress,
+  safeName,
+  ownerAddress,
+  ownerName,
+  owners,
+  network,
+  userAddress,
+  createTransaction,
+}: Props) => {
+  const [activeScreen, setActiveScreen] = useState<ActiveScreen>('checkOwner')
+  const [values, setValues] = useState<Object>({})
+
+  useEffect(
+    () => () => {
+      setActiveScreen('checkOwner')
+      setValues({})
+    },
+    [isOpen],
+  )
+
+  const onClickBack = () => setActiveScreen('checkOwner')
+
+  const ownerSubmitted = (newValues: Object) => {
+    values.ownerName = newValues.ownerName
+    values.ownerAddress = newValues.ownerAddress
+    setValues(values)
+    setActiveScreen('reviewReplaceOwner')
+  }
+
+  return (
+    <React.Fragment>
+      <SharedSnackbarConsumer>
+        {({ openSnackbar }) => {
+          const onReplaceOwner = () => {
+            onClose()
+            try {
+              sendReplaceOwner(values, safeAddress, ownerAddress, ownerName, owners, openSnackbar, createTransaction)
+            } catch (error) {
+              // eslint-disable-next-line
+              console.log('Error while removing an owner ' + error)
+            }
+          }
+
+          return (
+            <Modal
+              title="Replace owner from Safe"
+              description="Replace owner from Safe"
+              handleClose={onClose}
+              open={isOpen}
+              paperClassName={classes.biggerModalWindow}
+            >
+              <React.Fragment>
+                {activeScreen === 'checkOwner' && (
+                  <OwnerForm
+                    onClose={onClose}
+                    ownerAddress={ownerAddress}
+                    ownerName={ownerName}
+                    network={network}
+                    onSubmit={ownerSubmitted}
+                  />
+                )}
+                {activeScreen === 'reviewReplaceOwner' && (
+                  <ReviewReplaceOwner
+                    onClose={onClose}
+                    safeName={safeName}
+                    owners={owners}
+                    network={network}
+                    values={values}
+                    ownerAddress={ownerAddress}
+                    ownerName={ownerName}
+                    onClickBack={onClickBack}
+                    onSubmit={onReplaceOwner}
+                  />
+                )}
+              </React.Fragment>
+            </Modal>
+          )
+        }}
+      </SharedSnackbarConsumer>
+    </React.Fragment>
+  )
+}
+
+export default withStyles(styles)(ReplaceOwner)
diff --git a/src/routes/safe/components/Settings/ManageOwners/index.jsx b/src/routes/safe/components/Settings/ManageOwners/index.jsx
index bdc38b17..5b60cc24 100644
--- a/src/routes/safe/components/Settings/ManageOwners/index.jsx
+++ b/src/routes/safe/components/Settings/ManageOwners/index.jsx
@@ -21,6 +21,7 @@ import Hairline from '~/components/layout/Hairline'
 import Button from '~/components/layout/Button'
 import AddOwnerModal from './AddOwnerModal'
 import RemoveOwnerModal from './RemoveOwnerModal'
+import ReplaceOwnerModal from './ReplaceOwnerModal'
 import OwnerAddressTableCell from './OwnerAddressTableCell'
 import type { Owner } from '~/routes/safe/store/models/owner'
 import {
@@ -60,6 +61,7 @@ class ManageOwners extends React.Component<Props, State> {
     selectedOwnerName: undefined,
     showAddOwner: false,
     showRemoveOwner: false,
+    showReplaceOwner: false,
   }
 
   onShow = (action: Action, row?: Object) => () => {
@@ -92,6 +94,7 @@ class ManageOwners extends React.Component<Props, State> {
     const {
       showAddOwner,
       showRemoveOwner,
+      showReplaceOwner,
       selectedOwnerName,
       selectedOwnerAddress,
     } = this.state
@@ -170,6 +173,18 @@ class ManageOwners extends React.Component<Props, State> {
           userAddress={userAddress}
           createTransaction={createTransaction}
         />
+        <ReplaceOwnerModal
+          onClose={this.onHide('ReplaceOwner')}
+          isOpen={showReplaceOwner}
+          safeAddress={safeAddress}
+          safeName={safeName}
+          ownerAddress={selectedOwnerAddress}
+          ownerName={selectedOwnerName}
+          owners={owners}
+          network={network}
+          userAddress={userAddress}
+          createTransaction={createTransaction}
+        />
       </React.Fragment>
     )
   }