SWEDEN – Former Skandia Liv and AP3 executive Kristian Nammack has joined Carnegie in a consulting capacity.

“I have joined Carnegie, currently in a general consulting role, reporting to Niklas Ekvall, the CEO of asset management,” Nammack said. He said he’d previously worked with Ekvall at AP3, the Third Swedish Pension Fund.

Ekvall, former deputy chief executive and chief investment officer at AP3, joined Carnegie last year.

Nammack left his role as head of external asset management at Stockholm-based Skandia Liv Kapitalförvaltning in late 2004 to set up his own company.

He said at the time: “I have had a very successful career in asset management. Starting up my own business has always been a dream. And there is a good niche in the market for excellence.”

At Skandia Liv, which he joined from AP3 in 2002, Nammack was responsible for selecting and monitoring external asset managers.