The Board of the Third Swedish National Pension Fund (AP3) has appointed Kerstin Hessius as new Chief Executive Officer.
Kerstin Hessius is currently President of Stockholmsbörsen and a member of the Commission on Business Confidence (“Förtroendekommissionen”). Her previous positions include Deputy Governor of the Riksbank, Chief Executive Officer of Östgöta Enskilda Asset Management, Head of Fixed Income Sales & Trading at Alfred Berg, Chief Executive Officer of Alfred Berg Transferator and journalist for Finanstidningen.
Commenting on the appointment, Claes de Neegaard, AP3 Chairman, said: “Kerstin Hessius is ideally suited for this position. She has a unique breadth of experience from a series of leading posts in Sweden’s capital markets, both in the private and public sectors. She stands for dedicated and proactive leadership and her experience from the Commission on Business Confidence makes her especially well suited to assuming responsibility for the AP3’s increasingly important role as institutional shareholder.”
Kerstin Hessius said: “Managing the pension capital of the Swedish people is an important and weighty task. It is with great pleasure and enthusiasm that I will take on the role of Chief Executive Officer of AP3. It is particularly stimulating to move to an asset management organisation that has developed a reputation for professionalism and dynamism.”
Kerstin Hessius will take up her position on 1 September.