Key Takeaways
- • Lars-Åke Vikberg, CEO of Sweden's SEK90 billion ($10.7 billion) KPA Pension, will step down later in 2015 after leading the local government pension since 2009.
- • Vikberg is also leaving his role as head of collective business at insurance group Folksam, per the company's statement.
- • Folksam CEO and Chairman Jens Henriksson said Vikberg is "looking for new challenges."
- • Vikberg will remain in his post until KPA appoints a successor, so no leadership gap is expected on an immediate basis.
- • KPA has been shortlisted for a CIO Innovation Award in the Governance category, with winners to be announced in London on May 14.
Summary
Lars-Åke Vikberg, chief executive of KPA Pension, Sweden's local government pension fund, is set to leave the organisation later this year. According to ai-cio.com, KPA manages approximately SEK90 billion ($10.7 billion). Vikberg has held the CEO role since 2009.
Vikberg is also stepping down as head of collective business at insurance group Folksam. Folksam CEO and Chairman Jens Henriksson said in a statement that Vikberg was "looking for new challenges." Vikberg will remain in his position until KPA names a successor, which provides continuity during the transition.
Before joining KPA, Vikberg ran his own actuarial consulting firm. He has also worked for investment technology group Wassum and for Swedbank, giving him a background spanning actuarial advisory, investment technology and banking.
Separately, KPA has been shortlisted for a CIO Innovation Award in the Governance category. The winners will be announced at a ceremony in London on May 14.
Vikberg is also stepping down as head of collective business at insurance group Folksam. Folksam CEO and Chairman Jens Henriksson said in a statement that Vikberg was "looking for new challenges." Vikberg will remain in his position until KPA names a successor, which provides continuity during the transition.
Before joining KPA, Vikberg ran his own actuarial consulting firm. He has also worked for investment technology group Wassum and for Swedbank, giving him a background spanning actuarial advisory, investment technology and banking.
Separately, KPA has been shortlisted for a CIO Innovation Award in the Governance category. The winners will be announced at a ceremony in London on May 14.
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