Board of directors

The AP7 board of directors is a team of professionals with extensive expertise in business, finance and the financial markets. The board bears the ultimate responsibility for the fund to the government and parliament.

Per Frennberg
Chairman of the Board
Chair of the Executive Committee and of the Asset Management Committee
Elected: 2018
Other assignments: Head of Investment, Euro Accident Livförsäkring. Previous assignments: Strategist, portfolio manager, interest manager and asset management manager at Alecta. Researcher and lecturer in financial
economics at the School of Economics at Lund University.
Education: PhD in Economics, Lund University
Year of birth: 1964

Emma Ihre
Vice chairman of the Board
Executive Committee, Audit Committee
Elected: 2018
Other assignments: Head of ESG and Nordic Public Affairs, Asmodee, Board member Praktikertjänst, and Member of
Skandia’s Council.
Previous assignments: Head of Sustainability Embracer Group, co-opted member of the Board and Investor Ombudsman of the Nordkinn Asset Management hedge fund, Board member of Sida. Head of Sustainability at Mannheimer Swartling, Advisory Board Member of Lund Institute for Sustainability Impact, Chairman of the Board of Global Compact Network Sweden, Responsible for sustainable entrepreneurship at the Swedish Ministry of Finance, Head of Corporate Engagement at Ethix SRI Advisors, and Managing Director of Amnesty Business Group.
Education: B.A. in Economics, Stockholm University
Year of birth: 1971

Anders Wihlborn
Asset Management Committee
Elected: 2019
Other assignments: Board member of Optimas Capital Ltd and CMT AB.
Previous assignments: Chairman of the Board of Advinans AB, Board member of Linnane Pharma AB, Managing Director of the Bank of America Merrill Lynch.
Education: MSc, Stockholm School of Economics, MBA Program, International Business, University of Hong Kong.
Year of birth: 1962

Mikaela Valtersson
Audit Committee
Elected: 2019
Other assignments: Manager external relations at Kunskapsskolan Education AB. Member of the Board of Axfoundation, Antonia Ax:son Johnson’s sustainability foundation, and of the think tank Fores.
Previous assignments: Member of the Swedish parliament and the Swedish Green Party’s economic-political spokesperson, and member of The Parliamentary Committee on Finance. Chairman of the National Association of Independent Schools.
Education: High school teacher, social studies and history
Year of birth: 1967

Magnus Vesterlund
Audit Committee
Elected: 2020
Other assignments: Chief Economist at Insurance Sweden (Svensk Försäkring).
Previous assignments: Head of the Risk Department of Folksam Liv-gruppen. Various positions within the Riksbank,
and a national expert in the European Commission.
Education: Master of Science in Economics, Linköping University
Year of birth: 1970

Susanne Ekblom
Chairman of the Audit Committee
Elected: 2020
Other assignments: Board member of C-rad, and self-employed consultant.
Previous assignments: President and CEO of Vectura Fastigheter AB, CFO of Investor AB, CFO of SVT, and various positions at Scania. Member of the boards of Norstat, ElinderSten, GoCo, SOS Barnbyar, Kunskapsskolan, Vectura Fastigheter, Sveriges Radio Förvaltnings AB (SRF), and Member of the Board and Chairman of Assemblin’s audit committee.
Education: BSc in Business Studies, Stockholm University
Year of birth: 1966

Henrik Saxborn
Commissioner
Elected: 2022
Other assignments: Vice Chairman of PSP Swiss Property AG, Board member of AMF Fastigheter, Board member of Annehem AB.
Previous assignments: Board member of Börssällskapet in Gothenburg, CEO of Castellum AB, Managing Partner NIAM, Vice Chairman of EPRA (European Public Real Estate Association), Board member of Sweden Green Building Council, Chairman of CMB Chalmers (Center for Management in the Construction Sector)
Education: Master of Science in Real Estate Economics / Lantmäteri KTH
Born: 1964

Elisabeth Frayon
Asset Management Committee
Elected: 2023
Other assignments: Head of Independent Risk Control at Lynx Asset Management AB.
Previous assignments: Chief Risk Officer at Informed Portfolio Management AB, Chief Risk Officer and
Risk Manager at the Riksbank, Senior Sales Manager at Unibank AS/Nordea, Senior Dealer at NCC Treasury AB,
Foreign Exchange Dealer at Banque Indosuez Sverige AB.
Education: Master of Science in International Economics, Linköping University
Year of birth: 1968