Alecta Closes In on New Chairman After Series of Missteps

Scandal-hit pension fund Alecta is getting closer to finding a new chairman of the board after bungling appointments for the role earlier this year.

Alecta has asked Sweden’s financial watchdog to perform a management suitability assessment, nine months after Carina Akerstrom resigned from her position as chair, according to written documents to the Financial Supervisory Authority that were seen by Bloomberg News.