SEB Wealth Management nabs CDP’s Andersson

€129bn asset manager boosts RI team

Stockholm-based SEB has hired the Carbon Disclosure Project’s Viktor Andersson as co-head of corporate sustainability analysis at its wealth management division.
Andersson will work alongside Christina Strand Wadsjö and be involved with environmental, social and governance (ESG) and socially responsible investment analysis, the integration of ESG into investment decisions as engagement. He joins from the CDP, where he was investor manager for Europe and Asia. Before that he was at ABN Amro from 2001-8 in various SRI roles.

“The new role is very much building a new and holistic strategy regarding responsible investment for SEB,” he said. The bank is a signatory to the UnitedNations Principles for Responsible Investment and the CDP. SEB Wealth Management has around SEK1.2trn (€129bn) in assets under management.

The CDP said Jacob Kislevitz has taken over from Adnersson.

In September, SEB named Trading & Capital Markets Head Anders Johnsson as head of Wealth Management. He took over from Fredrik Boheman, who was appointed head of SEB Germany.

Meanwhile, the CDP has launched its global Cities programme which will provide a system to enable cities worldwide to report their greenhouse gas emissions and manage climate-related strategies. London, Toronto and New York have already agreed to report their carbon emissions data.