Sweden’s Alecta Withdraws Rohde’s Chair Nomination
- Rohde’s nomination was pulled over competing position
- Handelsbanken’s ex-CEO Akerstrom is proposed as chairman
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The Swedish pension group Alecta, which is trying to restore its reputation after a series of ill-judged investments, withdrew its nomination of Lars Rohde as new chairman only a week after announcing he would take over the post.
“Following the nomination, the election committee has been made aware that Rohde will accept to join another board imminently,” the company said in a statement on Tuesday. It cited “competitive reasons” for why the two board positions aren’t compatible for Rohde.