Kinnevik boss ‘Sweden’s top female executive’

Mia Brunell, the new managing director of AB Kinnevik, has won this year's 'Ruter Dam' award for the most influential female executive in Sweden. The award is seen as recognition for her career leap from head of finance at MTG to the top spot at the Swedish investment giant.

Candidates for the award, which is organised by the Ruter Dam female management development foundation, are chosen from Swedish companies with an annual turnover of more than 3 billion kronor.

“I am proud of winning the prize. Ruter Dam’s work, with its focus on business-mindedness, quality, the long term and diversity fits in with my style of leadership,” said Mia Brunell.

As managing director of Kinnevik, which owns shares in companies such as Tele2, Modern Times Group and Metro, Forsell holds one of Sweden’s top jobs. The company has an annual turnover of around 80 billion kronor and employs 25,000 people in more than 60 countries.

“Mia Brunell was the jury’s unanimous choice,” said Gunilla Arhén, the founder of Ruter Dam.

“Many companies say that they would gladly see a woman in the most senior jobs. But sometimes they tend to waver when it comes down to it. Mia Brunell is evidence of the opposite.”

Brunell has worked within the Kinnevik group for fourteen years. But she said that she had no plans to go into business when she was younger.

“When I was at university my plan was to be a journalist. I’ve never planned my career. It has more been the circumstances which have been decisive. You are confronted by choices the whole time,” she said.

Brunell said that her curiosity is one of the characteristics that make her a good boss:

“You also have to be engaged and interested. Then it’s also important to be sharp – especially at Kinnevik where there are so many different operations.”

Previous winners include the managing director of IKEA Sweden, Jeanette Söderberg, the vice managing director of ICA, Ingrid Jonasson Blanck, and Marie Erling, who was head of SAS.


Social Democrats call for Malmö underground system

Malmö’s Social Democrats have backed plans to build an underground railway in the city which could then be connected to Copenhagen through a tunnel under the Öresund straits.

Social Democrats call for Malmö underground system
The Copenhagen Metro in Örestad, near to the Öresund Straits. Photo: Johan Nilsson / TT / Kod
Malmö mayor Katrin Stjernfeldt Jammeh wants the city to begin drawing up plans for an underground railway with at least five stops: Malmö Central, Södervärn, Värnhem, Västra Hamnen and Nyhamnen. 
“We need to plan for a traffic system where we take into account being a city of half a million people,” she told the local Sydsvenskan newspaper. 
“And the traffic system needs to be able to handle more than just those who live in Malmö because we represent 50 percent of the growth in new jobs in Skåne and in addition are experiencing growing tourism.” 
Stjernfeldt Jammeh said that if her party manages to hold onto power after Sunday’s election, she aimed to push forward with the plans even before an investment decision over the Öresund Metro link. 
“There is a good reason in going underground, because we need to be economical with space on the surface,” she said. 
Sweden’s Liberal Party was the first to suggest building an underground in Malmö, with the Social Democrats instead pushing for a tram network until the plan was voted down by the centre-Right Alliance in Skåne’s regional government.