Swedish national pension fund AP2 announced it has appointed Erik Kleväng Callert as its new chief investment officer, to replace the current investment chief Hans Fahlin, who is retiring in February after 11 years in the role.

The Gothenburg-based pensions buffer fund said Kleväng Callert had “extensive experience and knowledge in sustainability issues,” having been a board member of the Institutional Investor Group on Climate Change (IIGCC) for just over a year and a half until January 2021.

Eva Halvarsson, chief executive officer of AP2, said: “With his combination of leadership skills, broad expertise and experience in asset management and sustainability, he will strongly contribute to the continuing development of AP2 together with the rest of the team at the fund.”

The buffer fund said Kleväng Callert was currently CIO and sustainability manager at PRI Pensionsgaranti, the Swedish organisation that guarantees and administers book-reserve pension schemes.

He has previously worked as CIO at SPP Pension and Insurance, as well as at Nordea Life & Pensions.

The incoming AP2 CIO said in the announcement: “Together with AP2’s competent and experienced employees, working to grow the pension assets and at the same time contribute to sustainable development, is something I look forward to.”

AP2, which had SEK421.2bn under management at the end of June, said Kleväng Callert would start work in the role in spring 2022.

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