Alecta Loses Chairman After One Week in Deepening Crisis [Yahoo! Finance]
SVENSKA HANDELSBK UNS/ADR (SVNLY)
NASDAQ:AMEX Investor Relations:
danskebank.com/investor-relations
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Source: Yahoo! Finance
(Bloomberg) -- Alecta is losing its new chairman after just one week in the job, the second bungled appointment for that role within a few months, newspaper Dagens Industri reported. Most Read from Bloomberg What to Remember If the Stock Market Takes a Dive Crafts Retailer Joann Is Planning a Bankruptcy Filing That Would Hand Keys to Lenders Fed's Powell to Double Down on ‘No Rush to Cut' Message Haley Casts Doubt on GOP Nominee Pledge After Trump's Power Play Ukraine to Get 155mm Artillery Shells Found in Czech-Led Effort Carina Akerstrom is resigning from Sweden's biggest pension fund with immediate effect, she said, after the paper had highlighted an apparent conflict of interest with Heimstaden Bostad, a heavily-indebted landlord and Alecta's largest single investment. Akerstrom's former employer, Svenska Handelsbanken AB, is Heimstaden Bostad's creditor, Dagens Industri said. That means Alecta's $4.8 billion investment in the landlord would have been one of Akers
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