Sweden’s Riksbank Gets New Governor From Financial Watchdog
- Some analysts see Erik Thedeen as more hawkish than incumbent
- Stefan Ingves to leave at end-2022 after 17 years as governor
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The head of Sweden’s financial watchdog, Erik Thedeen, will become the new governor of Riksbank after Stefan Ingves ends his 17-year stint steering monetary policy in the biggest Nordic economy.
Thedeen, head of the Swedish Financial Supervisory Authority since 2015, has been appointed for a term of office of six years, according to a statement on Friday. He will take office on Jan. 1 and set monetary policy for the first time in the February 2023 meeting.