How a dismissed CEO reached the top of a major UK pension fund
Making the front pages because you were laid off is not much fun. However, that misfortune could end up opening new doors after all. In fact, it might even pave the way to the job of CEO at one of the UK's biggest pension funds -- and taking charge of more than GBP 50.7 billion (EUR 57.2 billion) of assets.
In a new report, NGO Mellemfolkeligt Samvirke criticized the pension sector for its DKK 22bn investments in fossil fuel expansion. An industry organization has now responded, saying the report ignores the complicated nature of the issue.
Whilst one of the first SPACs in the Nordics found its acquisition target within a few months, several others are yet to make their moves. Deutsche Bank’s CEO for Nordics Jan Olsson comments on the waning enthusiasm for the trend.