NORDICS - AMF Pension is looking for a new chief investment officer, following Sarah McPhee's appointment as the new chief executive of Nordic pension provider SPP.

McPhee will replace Göran Holgerson, who decided to hand in his resignation last month, after 13 years with SPP and Handelsbanken Liv.

Storebrand, which acquired SPP from Handelsbanken in February last year for SEK18bn (€2bn), announced this morning McPhee will take over responsibility for SPP from in February next year.

McPhee has worked at AMF since 2004, before which she held a position at the Swedish pension fund Fjärde AP Fondet (AP4).

A spokeswoman for AMF Pension told IPE today managing director Peder Hasslev will take on McPhee's responsibilities while the organisation's recruitment process is ongoing.

In May this year, Ingrid Bonde, director-general of the Swedish regulator Finansinpektionen, said she was stepping down from her current to join AMF as chief executive, replacing Christer Elmehagen.

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