Björn Savén

From Wikipedia the free encyclopedia

Björn Savén

Bjorn Saven, CBE (born 1950) is a Swedish industrialist and investor.[1] He is the founder and former chariman and chief executive of IK Partners (formerly Industri Kapital) a leading European private equity firm focused on acquisitions across the Nordics, Benelux, Germany and France, with funds raised in excess of €14 billion.

Background[edit]

Saven was born in Stockholm and grew up there and in Nerike in the middle of Sweden.[2] Bjorn and his wife Inger have three adult children.

Education[edit]

Saven holds a bachelor's degree in business administration from Stockholm School of Economics 1972 and an MBA from Harvard University 1976.[2]

Career[edit]

Prior to founding IK Investment Partners in 1988 (within Enskilda Securities until 1993, part of the SEB Bank Group)[3] Bjorn Saven held various positions at the American oil company Gulf Oil 1972-1974 as well as the Swedish office and retail products group Esselte 1976-1988.[2]

At IK Partners, Bjorn Saven pioneered Private Equity investments in the Nordics and Continental Europe. He raised the first Private Equity fund in the Northern Europe, focusing mainly on investments in, and development of, mid-cap companies with a hands-on operating approach of working with portfolio businesses.[4] He served as Chief Executive from 1989-2008 and Executive Chairman 2008 – 2011, Chairman from 2011 and emeritus since 2017.[1][5] 

Bjorn Saven has also served as a non-executive director at the Nordic bank Nordea,[6] Swedish industrial group Alfa Laval (Deputy Chairman), Swedish energy group Vattenfall AB,[7] Norwegian consumer goods group Orkla ASA, and Finnish industrial cranes manufacturer Konecranes Oyj.[1][3]

Saven was chairman of the British-Swedish Chamber of Commerce in Stockholm [8] for five years and was a director of the Swedish Chamber of Commerce for the United Kingdom 2012-2023 where he was also deputy chairman. He is a member of the Royal Swedish Academy of Engineering Sciences where he served as deputy chairman 20011-2013.[9] He is also a member of Utrikespolitiska samfundet (The Swedish Society for International Affairs), a non-profit organisation and parent body of Utrikespolitiska institutet, (The Swedish Institute of International Affairs).[10]

Received awards[edit]

In recognition of his services, Bjorn Saven has been awarded several orders, decorations and medals by governments, universities and other institutions throughout Europe,[11][12][13][14][15][16][17] including:

  • H.M. The King's Medal, Sweden (12th size w. the Seraphimer Ribbon) for services to industry (2008) [18]
  • Knight Commander of the Order of Merit of Poland (2022) [19]
  • Officier of the Legion of Honour, France (2021) [20]
  • Commander of the Order of the British Empire (CBE)[21]
  • Knight 1st Class of the Federal Republic of Germany
  • Commander of the Republic of Finland [22] [23]
  • Commander of the Kingdom of Belgium

Bjorn Saven has also received honorary doctorates from Stockholm School of Economics, Hanken, and Lund Institute of Technology

Philanthropy[edit]

  • Trustee of the National Portrait Gallery[24] in London 2017-2024, and Chairman of the Investment Committee
  • Trustee of UK prenatal care charity Tommy’s 2015-2023[25]
  • Member of the board of the Heart/Lung Foundation of Sweden from 2023[26]

References[edit]

  1. ^ a b c Who is who 2018. Oxford: Bloomsbury Publishing. 2018. ISBN 9781472947581.
  2. ^ a b c Engzell-Larsson, Lotta (2013). Finansfurstarna. Stockholm: Weyler. pp. 15, 30, 31, 35, 36, 37, 38, 41. ISBN 9789187347337.
  3. ^ a b Larsson, Janerik (2013). De nya riskkapitalisterna. Helsingborg: Ekerlids Förlag. pp. 124, 144. ISBN 9789170922114.
  4. ^ Neurath, Caroline (2015). De svenska Riskkapitaliserna. Stockholm: Norsteds. p. 183. ISBN 9789113067711.
  5. ^ Forsberg, Birgitta (10 October 2011). "Affärsvärlden". Archived from the original on 12 February 2020. Retrieved 25 March 2019.
  6. ^ "Dagens Nyheter". 3 March 2006. Retrieved 25 March 2019.
  7. ^ "Dagens Industri". 23 May 2011. Retrieved 25 March 2019.
  8. ^ "BSCC BSCC Board". bscc.info. Retrieved 2019-03-25.
  9. ^ "IVA 2012". Issuu. Retrieved 2019-03-25.
  10. ^ "Utrikespolitiska Samfundet" (PDF). 2020-08-31.
  11. ^ New admission to Court of Patrons (16 December 2021). "Royal College of Surgeons of England". Archived from the original on 2021-12-20. Retrieved 20 December 2021.
  12. ^ "Lista över hedersdoktorer vid Handelshögskolan i Stockholm", Wikipedia (in Swedish), 2019-03-02, retrieved 2019-03-25
  13. ^ "Hedersdoktorer genom åren | Lunds tekniska högskola". www.lth.se. Retrieved 2019-03-25.
  14. ^ krisi. "Bjorn Savеn became "Doctor Honoris Causa" of the Bulgarian Academy of Sciences". old.bas.bg (in Bulgarian). Retrieved 2019-03-25.
  15. ^ "Bjorn Saven | Harris Manchester College". Archived from the original on 2020-01-18. Retrieved 2019-02-27.
  16. ^ Who's who. United Kingdom: Bloomsbury. 2019. ISBN 9781472947581.
  17. ^ Attestation of "Medaille du Bicentenarie", University of Liège 2017
  18. ^ "Medaljförläningar 6 juni 2008 - Sveriges Kungahus". www.kungahuset.se (in Swedish). Archived from the original on 2020-10-31. Retrieved 2019-03-25.
  19. ^ "Pelna Zycia". Pelna Zycia. Retrieved February 6, 2023.
  20. ^ Björn Savén nommé Officier de la Légion d’honneur (23 August 2021). "Ambassade de France en Suede". Archived from the original on 2021-12-02.
  21. ^ "gov.uk".
  22. ^ "UTMÄRKELSETECKEN FÖRLÄNADE ÅT UTLÄNNINGAR 2022". Suomen Valkoisen Ruuson ja Suomen Leijonan Ritarikunnat. 23 March 2022. Retrieved February 6, 2023.
  23. ^ "Industri Kapitals VD Björn Savén har tilldelats kommendörstecknet av Finlands Lejons orden". www.finland.se (in Swedish). Retrieved 2019-02-27.
  24. ^ "Prime Minister Appoints Sir Michael Hintze, Björn Savén, Sir Peter Stothard and Rachel Wang as Trustees of the National Portrait Gallery". GOV.UK. Retrieved 2019-02-27.
  25. ^ "Tommy's - Trustees and patrons". Tommy's. Retrieved 2019-02-27.
  26. ^ "Hjärt-Lungfondens styrelse". Hjärt-Lungfonden (in Swedish). Retrieved 2022-05-16.