Anders Sundström (born 26 July 1952) is a Swedish banker, businessman and former politician of the

Swedish Social Democratic Party The Swedish Social Democratic Party, formally the Swedish Social Democratic Workers' Party ( , S or SAP), usually referred to as The Social Democrats ( ), is a social democratic political party in Sweden. The party is member of the Progressiv ...

Biography

Sundström studied

human geography Human geography or anthropogeography is the branch of geography which studies spatial relationships between human communities, cultures, economies, and their interactions with the environment, examples of which include urban sprawl and urban ...

and

economics Economics () is a behavioral science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services. Economics focuses on the behaviour and interac ...

Umeå University Umeå University (; Ume Sami language, Ume Sami: ) is a public university, public research university located in Umeå, in the mid-northern region of Sweden. The university was founded in 1965 and is the fifth oldest within Sweden's present bord ...

from 1972 to 1975, and became mayor of

Piteå Municipality Piteå Municipality (; ) is a municipality in Norrbotten County in northern Sweden. Its seat is located in Piteå. Localities There are 14 localities (or urban areas) in Piteå Municipality: The municipal seat in bold Demographics This is ...

in 1980, at the age 27, the youngest at the time. He stayed as mayor until 1994. Following the

1994 Swedish general election General elections were held in Sweden on 18 September 1994.Dieter Nohlen & Philip Stöver (2010) ''Elections in Europe: A data handbook'', p1858 The Swedish Social Democratic Party remained the largest party in the Riksdag, winning 161 of the 34 ...

, when the Social Democrats returned to government, Sundström served as government minister. He was first

minister for employment Minister for Employment may refer to: * Minister for Employment (Victoria), Australia * Minister for Employment and Workplace Relations, Australia * Department for Work and Pensions The Department for Work and Pensions (DWP) is a Departments ...

from 1994 to 1996, in the Carlsson III Cabinet. Following the formation of the Persson Cabinet, he was minister for enterprise from 1996 to 1998. Following the 1998 election,

Björn Rosengren Björn Rosengren may refer to: * Björn Rosengren (politician) * Björn Rosengren (businessman) {{hndis, Rosengren, Bjorn ...

was appointed minister for enterprise, a post that Sundström had wished to retain. Instead, he was offered the post of minister for social affairs, which he accepted after some hesitation. After having held the post for 20 days in October 1998, he changed his mind and resigned. Sundström served as Member of Parliament in 1998, following his resignation from the government. In 1999 Sundström became the CEO of the Pitedalens Sparbank, a

savings bank A savings bank is a financial institution that is not run on a profit-maximizing basis, and whose original or primary purpose is collecting deposits on savings accounts that are invested on a low-risk basis and receive interest. Savings banks ha ...

in his home region, which in 2001 was renamed Sparbanken Nord following a fusion with another bank. In 2002 Sundström returned to parliament, following the 2002 election, and stayed until 2004. Sundström was appointed the CEO of insurance company

Folksam Folksam is one of the largest insurance companies in Sweden. The company headquarters are located in Stockholm. Folksam consists of the two mutual insurance companies Folksam sak and Folksam liv. Folksam is today a Swedish insurance company only, ...

in 2004, a post he held until 2013. He was then the chairman of

Swedbank Swedbank AB is a Swedish multinational banking group headquartered in Stockholm, Sweden. It operates primarily in the Nordic and Baltic regions, offering services such as retail banking, asset management and other financial services. Swedbank ...

from 2013 to April 2016. A short time before Sundström had to leave the post as chairman he had sacked CEO Michael Wolf. He was considered a possible contender for the leadership of the Social Democratic Party after

Håkan Juholt Håkan Juholt (born 16 September 1962) is a Swedish politician who was Swedish Social Democratic Party, Leader of the Social Democrats from 2011 to 2012. He was List of members of the Swedish Riksdag, 2006-2010, member of the Parliament of Swede ...

's resignation in January 2012. Sundström is domestic partner with Social Democratic politician Anna Hallberg.

References

{{DEFAULTSORT:Sundström, Anders 1952 births Living people Ministers for social affairs of Sweden Ministers for industry of Sweden Ministers for employment of Sweden Members of the Riksdag from the Social Democrats 20th-century Swedish politicians Swedish businesspeople Umeå University alumni People from Hudiksvall