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Riksbank Board Candidates Include Economists, Pension Chief
MINTยท 2025-09-24 14:51
Core Insights - Sweden's central bank, the Riksbank, is searching for a new deputy governor to replace Anna Breman, who has been appointed as the head of the Reserve Bank of New Zealand after nearly six years in her role [1][2] Group 1: Current Challenges - The Riksbank is facing a policy challenge to reduce inflation from 3% to its target of 2% while supporting economic recovery after a prolonged downturn [2] - There are signs of dissent within the board, as member Anna Seim expressed reservations about the recent decision to lower rates to 1.75%, preferring to maintain the rate at 2% [2] Group 2: Potential Candidates - Mattias Persson, the current chief economist at Swedbank, is considered a strong candidate due to his background in financial stability at the Riksbank [4] - Kristin Magnusson Bernard, head of the Swedish pension fund AP1, is also a potential candidate, noted for her extensive experience and academic background [5][6] - Ann Oberg, the CEO of employers' organization Almega, is mentioned as another candidate with relevant experience in economics and finance [6] Group 3: Selection Process - The search for Breman's replacement will be conducted by the Riksbank's general council, which is appointed by parliament [7]