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Magnus Billing Age: How Old Is He? CEO Of Alecta Salary And Net Worth

Magnus Billing

Magnus Billing Wikipedia has been one of the internet’s most popular subjects. Continue reading to learn more about Alecta’s previous CEO. Magnus Billing is a Swedish businessman best known as the CEO of Alecta, Sweden’s most famous pension organization. He has been with the organization since April 18, 2016.

Billing, on the other hand, was just removed from his role as CEO. His position was eliminated as the pension fund’s board sought to rebuild confidence in the wake of bank failures in the United States. Following that, deputy CEO Katarina Thorslund was immediately named interim CEO. People are also looking for Billing’s riches since he has a large net worth.

Magnus Billing Wikipedia

Magnus Billing is a businessman who was once the CEO of Alecta. In 2016, he was appointed to the European Commission’s high-level expert group on sustainable finance. Magnus was the CEO of Nasdaq Nordics and the Head of Fixed Income Nordic and Baltic Markets before to joining Alecta. Billing formerly worked as Nasdaq’s Chief Legal Counsel and Senior Vice President of Nasdaq Group. He is also the Chairman of the Stockholm Sustainable Finance Centre’s Advisory Board. He also serves on the board of directors of the Swedish Insurance Association.

Magnus Billing

Similarly, Billing has been appointed Director of the Federation of European Securities Exchanges in the Swedish House of Finance. Billing has board experience as a result of his diverse employment. He was also an alternative director on the board of directors of the Swedish Corporate Governance Code. In terms of schooling, Billing attended Stockholm University in 1990 and graduated with a Master of Laws (LLM) in 1995.

Magnus Billing Age: How Old Is Alecta’s CEO?

Magnus Billing’s exact age is unclear since no birth information is available. Billing, on the other hand, is said to be in his mid-50s. His birthplace is Sweden. As a result, Billing became a Swedish citizen. Billing has kept every detail about his family members private, thus no information about them is visible online. His parents’ and siblings’ information is also missing. Billing is a married guy who lives peacefully with his lovely wife, according to Evolution. However, his wife’s name is not in the public domain. According to the same Evolution story, Billing and his wife had a daughter, but her name is likewise unknown.

Magnus Billing Lön’s Salary and Net Worth

Magnus Billing Lön’s compensation was expected to be more than SEK 6.7 million in 2024. According to Alecta’s annual report, in the case of termination by the firm, the CEO receives a severance compensation equivalent to twelve months’ salary with a six-month notice period.

Magnus Billing

According to a report, Billing gets around SEK 10 million. His precise pay is undisclosed, although it is apparent that Billing was well compensated for his job as CEO of Alecta. With that, his net worth is in the six figures, although the exact sum is unknown. With his huge money, Billing undoubtedly leads a luxurious life.