Backstrom moves to life-insurance role

Former governor of the Sveriges Riksbank, Urban Backstrom, has been appointed president and chief executive officer of Skandia Liv. Backstrom said he would work to restore policyholders confidence and takes a fixed salary of 3.3 million kronor in the position, the Wall St Journal reported.

Source: Wall St Journal

Urban Backstrom has been appointed president and chief executive officer of Forskakrings AB Skandia's life-insurance arm, Skandia Liv. The appointment follows the resignation of the

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