Stockholm (NordSIP) – The Second AP Fund (AP2) announced the recruitment of Erik Kleväng Callert to become its new CIO, starting in the Spring of 2022. Callert joins from PRI Pensionsgaranti and succeeds Hans Fahlin, who has chosen to retire after 11 years as CIO at AP2.
Prior to PRI Pensionsgaranti Callert was CIO at both SPP Pension & Försäkring and Nordea Life & Pensions. According to AP2, the incoming CIO brings a mix of experience leading and developing asset management in large and international organizations and experience and knowledge in sustainability issues. For instance, Callert was a board member of the Institutional Investor Group on Climate Change (IIGCC) between 2019 and 2021.
On the occasion of this announcement, Eva Halvarsson, CEO of AP2, highlighted Callert’s combination of leadership qualities, broad competence and experience in asset management and sustainability.
“Since responsible investments and responsible ownership are part of the mission for AP2, and an emerging risk factor, sustainability will, of course, be high on the agenda,” Callert tells NordSIP.
“Having been involved in the pension industry for more than 25 years, have experience in leading and developing asset management, and broad knowledge in sustainability, I think I am well prepared for the role, together with the AP2 team,” Callert adds.
“The Swedish pension system is unique and AP2 plays an important role in it. Managing AP2’s capital and succeeding in navigating the capital markets while moving towards a low carbon economy is a major challenge” Callert explains to NordSIP.
“My hope is that the asset management industry is moving in a direction of an even greater impact on the real economy, and not only focusing on exclusions of misaligned companies. Responsible ownership will be critical” Callert concludes.