Anna Borg is set to succeed Marcus Hall as president and CEO of Swedish utility Vattenfall AB, the government-owned company announced on Thursday.
Borg, Vattenfall’s CFO since 2017, will assume her new role on November 1.
Vattenfall said it had appointed Borg on the back of her broad and deep experience within the company and the energy sector. She previously served as senior vice president for Vattenfall's business area markets, led Nordic sales business, the Swedish heat business and the European B2C business.
Borg worked for Vattenfall between 1999 and 2015 and returned in 2017. In 2015-2017, she was senior vice president Nordics for Sweden’s Klarna Bank AB, her biography reads.
"I am honoured to be appointed to continue leading Vattenfall into the next phase towards our goal to make fossil free living possible within one generation. We have a clear strategy and I look forward to make sure that we are focused on continuing to deliver on our ambitious plans, together with all of our skilled employees," Borg said.
Borg’s predecessor Magnus Hall announced his resignation on July 21, with Vattenfall then saying he would remain with the company until January 31, 2021, at the latest.
Vattenfall will begin the search for new CFO immediately, it added.
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