Hong Kong Exchanges and Clearing Limited, HKEX has announced the appointment of Marcus Wallenberg to the HKEX International Advisory Council.
The Council is made up of experts from around the world, on business, economics and finance, drawing on the extensive skills and experience of its members.
The Council now comprises five members and chaired by HKEX Chairman, Laura M Cha.
Since 2005 Marcus Wallenberg has been Chairman of Skandinaviska Enskilda Banken AB (SEB), a leading North European financial group with 400,000 corporate customers, and 4 million private customers.
In Sweden, Estonia, Latvia and Lithuania, SEB offers universal financial services; and in Denmark, Finland, Norway, Germany and UK the bank focuses on corporate and investment banking.
Mr Wallenberg is also the Chairman of Saab AB and FAM AB, and serves on the boards of Investor AB, AstraZeneca Plc, the Knut and Alice Wallenberg Foundation and Temasek Holdings Ltd.
He is the former Chairman of LKAB and Electrolux AB. Mr Wallenberg held the position as Chairman and Honorary Chairman of International Chamber of Commerce (ICC) from 2006 to July 2010. From 1999 to 2005, Mr Wallenberg was President and CEO of Investor AB, having served as Executive Vice-President of the company for six years. Prior to this, he was Director of Stora Feldmühle in Düsseldorf for three years.
Mr Wallenberg began his career at Citibank in New York, followed by various positions at Deutsche Bank in Germany, S G Warburg Co Ltd in London and Citicorp in Hong Kong.
