Credit: Abtract_finance_globe
Nasdaq board member and Chairman of Swedish investment firm Investor AB Jacob Wallenberg was awarded the Legion of Honour, the highest French order of merit for members of the military and civilians. The award recognizes Wallenberg for his work integrating unique global cultures and championing corporate sustainability.
During the ceremony, French President Emmanuel Macron touted how Wallenberg and his family have woven together family, business and Swedish cultures, and highlighted how his efforts are an inspiration amid heightened cultural clashes in Europe, according to Investor AB’s head of communications Viveka Hirdman-Ryrberg. Macron also said Wallenberg’s work is the inspiration behind a four-pronged plan to address current European challenges: the quest for innovation, the commitment to social dialogue, a long-term outlook, and openness to Europe and the rest of the world.
“This is an incredible honor and all of us at Nasdaq congratulate Jacob on this recognition,” said Nasdaq President and Chief Executive Officer Adena Friedman. “His focus and passion to create a more inclusive culture and elevating sustainability efforts are precisely why he is an invaluable asset to our board of directors.”
Wallenberg, 63, who joined Nasdaq’s board in 2018, is regarded as one of Europe’s leading industrialists and philanthropists, carrying on his family's traditions. Ever since his great-great grandfather André Oscar Wallenberg founded Stockholm's Enskilda Bank (SEB) in 1856, the Wallenberg family has been involved in advancing industry and society. It is believed that SEB was the first bank in the world to employ women in 1864. Investor AB, which was founded in 1916 and is controlled by the Wallenberg family through their Foundation Asset Management company FAM, builds on that legacy, holding stakes in a variety of companies, including Ericsson, ABB, Atlas Copco, Permobil and Nasdaq.
Source: Investor AB’s head of communications Viveka Hirdman-Ryrberg
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