Major changes await at top level of Swedish pensions giant

This summer, Richard Gröttheim will quit his top job at AP7. It now turns out that the deputy CEO – and CIO – of the Swedish default state pension fund is also leaving. 
Pål Bergström will become CEO of the AP7 pension fund. But who will join his team as CIO? | Photo: Swedbank/pr / Public Domain Pictures
Pål Bergström will become CEO of the AP7 pension fund. But who will join his team as CIO? | Photo: Swedbank/pr / Public Domain Pictures

AP7 will lose more than 20 years of combined top managerial experience this year. Not only will the fund’s CEO since 2010, Richard Gröttheim, be standing down from his job, but its CIO for almost nine years, Ingrid Albinsson, will also quit.

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