How it started
History
Investor AB was established in Stockholm when new Swedish legislation made it more difficult for banks to own stocks in industrial companies on a long-term basis. The shareholdings of the Wallenberg family bank, Stockholms Enskilda Bank, were transferred to Investor AB, a newly formed industrial holding company spun off from the bank, which would serve as the family's investment arm henceforth. The fund operates with a CEO who is not a Wallenberg but is overseen by its chairperson who is a member of the family, currently Jacob Wallenberg. In 2023, it was announced that Johan Forssell would leave the role of CEO in May 2024 after nine years. His replacement was announced as Christian Cederholm who is the current CEO.
From Wikipedia’s article on Investor, shared under CC BY-SA 4.0.3