The board of Sweden’s SH Pension has announced that its CEO, Annelie Helsing, has resigned.

SH Pension board chair, Catrina Ingelstam, said the board would like to express its “sincere gratitude” to Helsing for her dedication and valuable work in the association.

Commenting on her departure, Helsing said: “It has been a privilege to lead SH Pension for almost six years during an important and developmental period – from pension fund to modern occupational pension association.

“Together, we have made radical changes to our infrastructure, offering and brand, while still retaining our core identity as a personal player focused on security for entrepreneurs. I am very proud of what we have achieved and how we work together towards common goals. I have come to the conclusion that now is the right time to pass on the baton.”

Carl Lybeck, currently a member of the board and vice-chairman of SH Pension, will become acting CEO with immediate effect.

He most recently served as head of corporate banking at ICA Bank. He has extensive experience in senior positions in banking and finance and is well acquainted with SH Pension's operations.

"It's an important and responsible assignment. My focus during this period will be on meeting the organisation's needs and, together with all employees, keeping up the momentum," Lybeck said.

"We are very pleased that Carl Lybeck can step in as acting CEO. This solution ensures stability and commitment while allowing us to carefully and thoroughly recruit a new CEO," Ingelstam said.

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