Folksam hopes to boost diversification strategy by creating CIO role

In the newly-created role as chief investment officer at Folksam, Marcus Blomberg will be responsible for the life insurer's asset managers and governance. These were previously handled by Deputy CEO and Head of Asset Management Michael Kjeller.

Michael Kjeller, deputy CEO & head of asset management, Folksam | Photo: Folksam/PR

On Monday, Swedish life insurer Folksam announced that it had created a new role in its asset allocation organization and brought in a strategist with years of experience from the pensions industry to take on the position.

Marcus Blomberg had joined the firm from AP4, where he had served as the head of strategic allocation and quantitative analysis. He has already started at Folksam as chief investment officer.

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