Stockholm (NordSIP) – Sweden’s €71 billion occupational pension provider AMF Tjänstepension AB (AMF) announced several senior-level appointments on 19 July 2024.
The AMF Board announced that Tomas Flodén, the current CEO of AMF Fonder and Head of Asset Management for the group, will take over as CEO of AMF as of January 2025. Flodén has held various senior roles at AMF since 2009, having previously worked as Chief Economist at Sweden’s Financial Supervisory Authority (Finansinspektionen). He remains a member of the Swedish Corporate Governance and Swedish Investment Fund Association Boards.
Flodén will be taking over from incumbent CEO Johan Sidenmark, who is nearing the end of a 12-year tenure. The two will work together in the run-up to the new year to ensure a smooth transition of responsibilities.
Commenting on the appointment, AMF board chairman Lars Wedenborn said: “We on the board are very happy that Tomas Flodén has agreed to take on the responsibility of CEO of AMF. He has a long and solid experience within AMF, the pension industry, and the financial sector. AMF is today a very well-run and strong company and with Tomas as the new CEO we will ensure that AMF can continue developing and being at the forefront, while maintaining the continuity needed to continue delivering good pensions to Sweden’s workers.”
In anticipation of Flodén’s move, the board of subsidiary company AMF Fonder has appointed Katarina Romberg to take over as CEO in January 2025. Romberg is the firm’s current Head of Alternative Investments, having joined AMF in 2016 from SEB.
The appointment of CEOs is conditional on the approval of Sweden’s Financial Supervisory Authority. AMF is jointly owned by Sweden’s trade unions’ and employers’ confederations, serving its 4 million clients according to mutual principles.
