After spending two decades as chief executive officer of AP2, Eva Halvarsson is retiring next year.
In an email to Markets Group, the pension plan’s spokesperson, Åsa Norman, said there isn’t a set date for Halvarsson’s retirement yet; however, the recruitment for her successor will start next year.
“At this point, Halvarsson expressed the intention to start planning for retirement,” said Norman. “In the coming year, the board will begin the recruitment process. Meanwhile, Halvarsson continues to lead the organization through an important period of change.”
The Swedish pension plan has been in the news lately due to its possible merger with AP6, the smallest of Sweden’s five nation pension buffer funds. The AP2 spokesperson confirmed that Halvarsson’s departure has nothing to do with the merger, noting it has been planned for some time “as a natural part of the Fund’s long-term succession plan.”
Halvarsson joined AP2 in February 2006, after serving as head of division for the Swedish Ministry of Industry’s State-Owned Companies (SOC) for four years. Prior to that she was the SOC’s deputy director for three years. She also worked at the Swedish Ministry of Transportation and Communications’ Division of Infrastructure from 1996-1999.
Currently, AP2 is focused on integrating the assets and obligations from AP6 into AP2. “This transition will also lead to organizational growth,” added Norman. “In parallel, AP2 is upgrading its fund management strategy, introducing new working methods and placing greater emphasis on dynamic asset allocation.”
