Carl-Henric Svanberg’s current roles include Chair of the Board of AB Volvo and member of the board of Melker Schörling. His long résumé includes periods as CEO of Ericsson and Chair of the Board of BP.
"The Swedish Corporate Governance Board plays a key role in promoting the Swedish corporate governance model and the confidence in the Swedish stock market. It enables value creation for the corporate sector, which in turn is to the benefit of the whole of Swedish society. I am very much looking forward to actively pursuing these vital issues for Swedish corporate governance," says Svanberg.
Tomas Flodén has long and broad experience of the financial sector and is currently Chief Investment Officer at AMF and CEO of AMF Fonder.
"The Swedish Corporate Governance Code is a core part of the Swedish securities market, and I look forward to participating in the Board’s valuable work of managing the Code and promoting the development of Swedish corporate governance," says Flodén.
"We are delighted that Carl-Henric Svanberg and Tomas Flodén have agreed to lead and participate in the work of the Swedish Corporate Governance Board,” says Annika Lundius, Chair of the Board of the Association for Generally Accepted Principles in the Securities Market. “Carl-Henric Svanberg is one of the leading figures of Sweden's corporate sector and a highly experienced chair. Tomas Flodén has broad knowledge and experience that will be of enormous value for the Board’s work."
The other members of the Board are Karin Apelman, Håkan Broman, Mats Isaksson, Louise Lindh, Marianne Nilsson and Björn Kristiansson (Executive Director).
About the Swedish Corporate Governance Board
The Swedish Corporate Governance Board is one of the five executive bodies in the Association for Generally Accepted Principles in the Securities Market.
The role of the Board is to promote the development of Swedish corporate governance. A key aspect of this mission is to ensure that Sweden has a relevant, modern and effective corporate governance code for listed companies. As well as its primary task – managing the Swedish Code – the Board works to increase knowledge and understanding of Swedish corporate governance, not least in the international capital market. It does this by participating in the general debate in the field and by providing information in a wide range of contexts regarding the Code and Swedish corporate governance.
About the Association for Generally Accepted Principles in the Securities Market
The Association is an umbrella organisation within the self-regulation system for Swedish listed companies. The vision of the Association is that the Swedish securities market will be one of the most well-functioning, long-term sustainable and confidence-inspiring in Europe.
The Association's five executive bodies are:
• The Swedish Securities Council (Aktiemarknadsnämnden)
• The Stock Market Self-Regulation Committee (Aktiemarknadens självregleringskommitté)
• The Swedish Corporate Governance Board (Kollegiet för svensk bolagsstyrning)
• The Council for Swedish Financial Reporting Supervision (Nämnden för svensk redovisningstillsyn)
• The Swedish Financial Reporting Board (Rådet för finansiell rapportering)
Link to the Association's website: www.godsed.se
For further information, please contact:
Katarina Lidén, CEO of the Association for Generally Accepted Principles in the Securities Market
Tel: (+46)8-508 822 78
Björn Kristiansson, Executive Director of the Swedish Corporate Governance Board
Tel: (+46)76-770 37 47