New Alecta Chair Says Pension Fund Exiting ‘Serious Crisis of Confidence’
- Carina Akerstom to helm Sweden’s biggest pension fund
- “Painstaking and methodical work” has stabilized company
Carina Akerstrom
Photographer: Erika Gerdemark/BloombergThis article is for subscribers only.
The new chair of Alecta, Sweden’s biggest pension fund, said that the company is making its way out of a “serious crisis of confidence” after struggling with investments that “probably shouldn’t have been made.”
Carina Akerstrom, the former chief executive officer of Svenska Handelsbanken AB, spoke at the an extraordinary meeting of the fund’s supervisory board in Stockholm on Thursday, after being elected to the top job.