The government has appointed Jan Sinclair as the new Chairman of the Board for the Sixth Swedish National Pension Fund. Catrina Ingelstam, outgoing Chairman of the Board for the Sixth Swedish National Pension Fund, has been appointed by the government as a board member of the Second Swedish National Pension Fund.
Jan Sinclair has a long and solid background in the banking and finance world. For 30 years, he has held several leading positions within SEB, including CEO of SEB Germany and Group Treasurer. Since 2019, he has been Chairman of the Board of SBAB. Jan Sinclair also sits on the boards of, among others, STS Alpresor and Almi.
– I am looking forward to becoming Chairman of the Board for the Sixth Swedish National Pension Fund. It is an interesting and exciting assignment. I feel humbled by the task as I take over the chairmanship at a time when the owner, the Swedish state, has begun work on modernizing the AP funds, says Jan Sinclair, new Chairman of the Board of the Sixth Swedish National Pension Fund.
Jan Sinclair replaces Catrina Ingelstam, who is leaving the Board of the Sixth Swedish National Pension Fund (AP6) after nine years, eight of which as Chair. The Government has appointed Catrina Ingelstam as a member of the Board of the Second Swedish National Pension Fund (AP2).
– I look with pride at the successful development of AP6 during the nine years I have had the privilege of working with its competent and committed board, management and employees. During the period, the capital has grown by almost SEK 50 billion to today’s SEK 77 billion. AP6 currently collaborates with selected leading players in unlisted investments, we have a well-composed strategic portfolio, and our sustainability work is recognized and appreciated by the industry, says Catrina Ingelstam.
The government has previously announced that the Pension Group, which includes all parliamentary parties, has supported a proposal to modernize the AP funds. The proposal includes merging AP6 with the AP2. To provide scope for utilizing expertise acquired in AP6, AP2 will after that AP6 has been incorporated, have increased opportunities to invest in unlisted assets up to and including 2036. A vote on the proposal is planned to be held in the Riksdag during May.
– As a new member of the Board of AP2, I now look forward to continuing to contribute to the development of the pension system and getting to know AP2. I also bring with me knowledge and experience about investments, sustainability and risk management in unlisted assets, private equity, which constitute an increasingly large part of value creation, says Catrina Ingelstam.
Jan Sinclair has been appointed Chairman of the Board of the Sixth Swedish National Pension Fund from 2025-03-20.
Catrina Ingelstam has been appointed Member of the Board of the Second Swedish National Pension Fund from 2025-04-30.
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