Jacob Wallenberg W'80, WG'81 Chairman Investor AB Stockholm

Wharton Speaker >> Biography

Jacob Wallenberg is Chairman of the Board of Investor AB and Vice-Chairman of SEB, Skandinaviska Enskilda Banken AB and a Board member of the Knut and Alice Wallenberg Foundation. AB.

Mr. Wallenberg serves also on the Boards of Atlas Copco AB (Vice Chairman), SAS AB (Vice Chairman), ABB Ltd, Ericsson AB and The Coca-Cola Company.

Mr. Wallenberg is Chairman of IBLAC, the Mayor of Shanghai’s International Business Leaders Advisory Council and a member of ERT, the European Round Table of Industrialists

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.

After extensive training programs at a number of international banks in New York, London, Singapore and Hong Kong, Jacob Wallenberg joined SEB Sweden in 1984.

From 1990 to 1992, Mr. Wallenberg was Deputy Managing Director of Investor AB, an investment company with substantial interests in several major International corporations.

After rejoining the SEB Group in 1993, Mr. Wallenberg was appointed President and CEO in 1997 and was non-executive Chairman of the Board between 1998-2005.

Mr. Wallenberg attended the Royal Swedish Naval Academy and is today an Officer in the Royal Swedish Naval Reserve.

He has three children and besides family life he enjoys skiing, golf and sailing.