Alecta’s Executive Departures Continue

Posted on 11/30/2023

Alecta’s Chair Ingrid Bonde resigned following the loss of Alecta’s CEO Magnus Billing earlier in the year and a financial loss of US$ 1.78 billion due to First Republic Bank, Silicon Valley Bank, and Signature Bank investments. Alecta is under the spotlight of the country’s Financial Supervisory Authority. It is led by Susanna Grufman, Acting…

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