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The majority of AP3 employees work in asset management and business support, covering areas such as analysis, asset management, risk management and administration related to a global and diversified asset management operation. AP3 is a knowledge-intensive organisation. The combined expertise and experience of the employees is critical to the Fund’s performance.

Responsibility and structure

The executive management committee consists of the CEO; the Chief Investment Officer (CIO); the CFO/CRO, who is Head of Business Support and Control; and the Head of Communications. Executive management is responsible for driving forward AP3’s strategy, as well as for budget and financial performance, the AP3 brand, communications and human resources. More information about the executive management committee.



The CIO is responsible for managing the portfolio mix and is also head of asset management, which involves leading our portfolio management operation. The asset management department is organised in four units: CIO office, equities, fixed income & FX, and alternative investments.

The dynamic allocation management committee is in charge of the overall investment strategy within the mandates set by the board of directors. The risk committee handles risk management issues.

Business Support and Control is headed by the CFO, who is also the CRO. The department is organised in six units: back office; risk and return analysis; finance and reporting; IT and administration; human resources; and legal affairs and compliance. The CFO is responsible for compliance and the reporting of risk and investment to the board.

The Head of Communication is in charge of internal and external communications and also shares responsibility for management of sustainability-related issues at the Ethical Council.

All managers belong to an expanded management group that is tasked with coordinating projects and facilitating information-sharing and knowledge transfer.

Here is a more detailed presentation of the executive management committee.