Nordea hires head of active ownership

Cecilia Fryklöf will lead the seven-member team

Nordea Asset Management has appointed Cecilia Fryklöf as head of active ownership.

Fryklöf heads the seven-member active ownership capability, which sits within the broader 29-strong responsible investment team.

Each year, the active ownership team conducts a range of structured engagements, typically in close contact with portfolio managers, and in collaboration with investor groups and coalitions. Last year, it conducted 1,033 engagements. These focused on climate, human rights, biodiversity/water and good governance. The team also voted in more than 4,200 general meetings last year. 

Fryklöf joins from the Nordea Group’s sustainability team, where she was business area lead within asset and wealth management – working on sustainability strategy and ESG regulation of Nordea Life and Pensions. Fryklöf has been at the Nordea Group for more than 15 years, after beginning her career at Nordea Markets in 2007.