Jacob Wallenberg

Jacob Wallenberg

Chairman, Investor AB; Vice Chairman, ABB Ltd, Ericsson AB; Board Member, Nasdaq Inc., Stockholm

Jacob Wallenberg is Chairman of the Board of Investor AB, a lead shareholder of Nordic-based global companies in Stockholm. He is Vice Chairman of ABB Ltd, Ericsson AB, FAM AB and Patricia Industries and recently joined the Board of Nasdaq Inc. Mr. Wallenberg also serves on the Board of the Knut and Alice Wallenberg Foundation. He is a member of the steering committee of ERT, the European Round Table of Industrialists and the Advisory Board of Tsinghua University School of Economics and Management. He is also member of the Trilateral Commission. Mr. Wallenberg is Honorary Chairman of IBLAC, the Mayor of Shanghai’s International Business Leaders Advisory Council. Jacob Wallenberg was the Chairman of Skandinaviska Enskilda Banken (SEB) from 1998 to 2005 and Vice Chairman from 2005 to 2014. Mr. Wallenberg was the CEO of the Bank in 1997 and EvP and in charge of Corporate and Investment banking 1995-1996. Born in Stockholm 1956, Mr. Wallenberg was educated at the Wharton School, University of Pennsylvania, where he earned a Bachelor of Science in Economics in 1980 and an MBA in 1981.Mr. Wallenberg attended the Royal Swedish Naval Academy and is today an Officer in the Royal Swedish Naval Reserve.