Sweden’s Second AP Fund (AP2) has appointed Patrik Svensson as its new CEO, succeeding Eva Halvarsson, who is retiring after 20 years in the role.
 
Svensson has more than 25 years of experience in the financial sector and, during his career, has held several senior leadership roles in both corporate and other financial markets.

He has extensive experience in capital markets, risk management and organisational development, as well as board experience, including in the life and pension area.

Svensson joins AP2 from Nordea, where he was responsible for the bank's corporate business in western Sweden and its national property business within the business banking division.

Commenting on the appointment, AP2 chairman of the board, Niklas Johansson, said: “Patrik Svensson has the experience, expertise and leadership skills required to lead AP2 further and continue to develop the business with a focus on long-term returns, responsibility and the fund's important role in the pension system. We are very pleased that he has accepted the assignment.”

Adding to this, Svensson said he is “very pleased” to be entrusted with the position of CEO of AP2.

“The mission is meaningful and has meaning for many people. I look forward to getting to know the employees and to continue to develop the fund together with them, create long-term returns and contribute to a continued strong Swedish pension system,” he continued.

The announcement also highlighted the work of Halvarsson in the past 20 years in the role. In particular, it noted that under her leadership, AP2 has strengthened its work with long-term returns, responsible investments and active ownership.

In addition to this, Halvarsson has contributed to building a strong and open culture with high expertise and a clear focus on the fund's long-term mission.

She was also a driving force in the work with AP2's Women's Index, which since 2003 has followed women's representation on the boards and management teams of Swedish listed companies.

Commenting on her departure, Johansson said: “During her time as CEO, Eva has left a clear mark on AP2. With strong leadership and great commitment, she has driven the fund's development and been an important force in issues that affect both AP2 and the AP Funds' joint mission.

“I would like to personally and on behalf of the board thank Eva for everything she has achieved during her 20 years as CEO of AP2.”

Svensson will take up his new position as CEO on 1 June 2027.

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