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Annika Falkengren

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Annika Falkengren
Annika Falkengren in March 2010
Born12 April 1962
Bangkok, Thailand[1]
NationalitySwedish
Education1987 BSc Business Administration and economics, Stockholm University
OccupationManaging Partner at Lombard Odier
Years active1987 to present

Annika Falkengren née Bolin (born 1962) is a Swedish banker, one of Lombard Odier’s seven managing partners. She started her professional career in 1987 at Skandinaviska Enskilda Banken where she ascended through the ranks to become its President and CEO in 2005, a position she occupied until 2017. Over her career she has held various Board Membership positions and received numerous awards, most notably being repeatedly ranked by Fortune Magazine as one of the most powerful women in Global Business.[2]

Early life and Education

Annika Falkengren was born on 12 April 1962 in Bangkok where her parents were stationed as diplomats for the Swedish Ministry of Foreign Affairs.[3] Being born into a diplomatic family, her initial years were characterized by frequent relocations. She returned to Sweden to pursue her studies at the Sigtunaskolan Humanistiska Läroverket Boarding School and following that continued her higher education at Stockholm University from where she graduated in 1987 with a bachelor’s degree in Business Administration and Economics.[4][5]

Career

Falkengren joined SEB in 1987 directly out of university as part of the Banks’ graduate training program.[6] This was the first stepping stone in a long career with SEB that would see her hold various senior positions and responsibilities spanning over 30 years and culminating in her assuming the helm of the Bank in 2005 as the President and CEO of SEB, a position she held until July 2017.[7] Along the way she headed Fixed Income Trading and Sales, Trading & Capital Markets Division; and Corporate & Institutional Division, before being nominated on 10 November 2005 by the Board of SEB to succeed Lars H. Thunell as he left for the World Bank.[8][9]

In August 2017 Annika Falkengren joined Lombard Odier as Managing Partner.[10] Amongst her responsibilities today is Group Corporate Sustainability which she co-chairs with the Groups Senior Managing Partner, Patrick Odier, as well as risk, marketing and communications.[11]

Annika Falkengren has served on the Boards and supervisory boards of, amongst others, Securitas, Munich RE, Scania, and Volkswagen. She also served as Board Member and then Chair of the Swedish Bankers’ Association.[2] She currently is a member of the Royal Swedish Academy of Engineering Sciences and sits on the Board of the Mentor and IMD Foundations.[2][12]

Recognition

Swedish business magazine Veckans Affärer named her one of the most powerful woman in Swedish business in 2005 and 2013[13][14]. The Financial News Online has ranked her in 2006 as No 68 among the "100 most influential people in European capital markets".[15] In 2012, the Euro Finance Group awarded Annika Falkengren with the European Banker of the Year award.[16] Fortune has repeatedly ranked her among the 10 most powerful women in global business, being the third most powerful woman in Europe, the Middle East and Africa in 2015.[17][18]

References

  1. ^ "Annika Falkengren: banking survivor with a trader's gut instincts". ft.com. 12 January 2014. Retrieved 24 September 2015.
  2. ^ a b c "Annika Falkengren B.Sc". Businessweek. Retrieved 4 February 2013.
  3. ^ "Annika Falkengren: banking survivor with a trader's gut instincts". Financial Times. Retrieved 14 November 2019.
  4. ^ "Det stormar på nytt kring Sigtunaskolan". Expressen (in Swedish). 26 April 2012. Retrieved 14 November 2019.
  5. ^ "Annika Falkengren: "Välj rätt företag och rätt chef"". Stockholm University. 27 April 2011. Retrieved 14 November 2019.
  6. ^ "Annika Falkengren". EuropeanCEO.com. 9 October 2013. Retrieved 19 December 2013.
  7. ^ "Annika Falkengren steps down as SEB chief executive". Financial Times. 16 January 2017. Retrieved 14 November 2019.
  8. ^ TT (2 April 2012). "SEB-chefen rensar i lyxen". Svenska Dagbladet (in Swedish). ISSN 1101-2412. Retrieved 14 November 2019.
  9. ^ "SEB - Pressmeddelanden". Cws.huginonline.com. 10 November 2005. Retrieved 13 August 2015.
  10. ^ "Lombard Odier Partners Trade Jobs". finews.com. 11 October 2018. Retrieved 14 November 2019.
  11. ^ Ruche, Sébastien (30 July 2018). "Annika Falkengren: «Lombard Odier voulait bénéficier d'un point de vue extérieur»". Le Temps (in French). ISSN 1423-3967. Retrieved 14 November 2019.
  12. ^ "Annika Falkengren". European CEO. Retrieved 15 January 2013.
  13. ^ "Näringslivets 125 mäktigaste kvinnor[permanent dead link]" ("The 125 most powerful women in [Swedish] business").
  14. ^ "Nr. 6 - Annika Falkengren". Veckans affärer. Retrieved 14 November 2019.
  15. ^ "The Financial News 100 most influential people in European capital markets Archived 8 May 2006 at the Wayback Machine", Financial News Online, undated. Other Swedes on the list are Marcus Wallenberg (b. 1956), President and CEO, Investor AB, chairman of Skandinaviska Enskilda Banken (no. 43), Conni Jonsson, Managing partner, EQT Partners (78), Björn Savén, Chairman and chief executive, Industri Kapital (92), and Karin Forseke, Chief executive, Carnegie Investment Bank (98).
  16. ^ Obertreis, Rolf (20 November 2013). "Schwedin Annika Falkengren ist Europas Banker des Jahres". WAZ (in German). Retrieved 14 November 2019.
  17. ^ "50 Most Powerful Women in Business 2010: The Global 50 - FORTUNE". Money.cnn.com. 18 October 2010. Retrieved 13 August 2015.
  18. ^ Fry, Erika (14 September 2015). "Annika Falkengren". Fortune. Retrieved 14 November 2019.
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