Sweden’s biggest pension fund Alecta finally has a new chair in place, having announced that Carina Åkerström was voted in by its board yesterday.
The SEK1.2trn (€107bn) pension fund said: “Carina Åkerström was elected as the new chair of the board for Alecta Tjänstepension at an extra board meeting on February 22, 2024, in accordance with the review board’s proposal.”
Alecta has been on the search for a new chair since October, when Ingrid Bonde suddenly quit the role after criticism relating to her role around the bad investments that have engulfed the occupational pensions firm in scandal over the last 12 months.
In January, Alecta thought it had found the ideal person to help restore its reputation – Lars Rohde, the former governor of Denmark’s central bank and a previous long-term chief executive officer of Danish pension fund ATP.
However, that proposal was soon dropped when Alecta found out Rohde was already up for a board job at Nordea, which was considered to be a competitor.
At that point Alecta turned its sights on Åkerström, the former CEO of Handelsbanken, who had been shortlisted alongside Rohde.
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