Pablo Bernengo was named new CIO of Alecta, Stockholm, effective Jan. 7, a spokesman confirmed.
Mr. Bernengo will replace Henrik Gade Jepsen. Mr. Jepsen has left his role as head of asset management, the spokesman also confirmed.
The pension fund said in April that Mr. Jepsen was on long-term sick leave due to complications related to a COVID-19 infection.
Since April, Kerim Kaskal has been acting CIO. Mr. Kaskal will leave Alecta when Mr. Bernengo takes over.
Mr. Kaskal could not be immediately reached to comment about his next appointment.
Alecta, which has 1.21 trillion Swedish kronor ($111.6 billion) in assets, is also getting a new CEO, Peder Hasslev, effective Sept 1.
Katarina Thorslund, acting CEO of Alecta said in a news release: "I am very happy to be able to welcome Pablo as the new head of Alecta's asset management. His long experience in asset management and as a leader in various organizations will be very valuable to us, not least in the work that is ongoing within the framework of the strategic review of the asset management model."
Mr. Bernengo was CIO at the 486.4 billion Swedish kronor AP3, Stockholm. The fund said on its LinkedIn page it is searching for a new head of asset management.