09 November 2023 / Company news

Stefan Ingves joins the Honorary Board of Scope Foundation

The Scope Foundation has appointed former governor of the Swedish central bank, Stefan Ingves, to its Honorary Board.

Stefan Ingves was the governor of Sveriges Riksbank from 2006 to 2022 and chairman of the Basel Committee on Banking Supervision from 2011 to 2019. Previously, he served as the Director of the Monetary and Financial Systems Department at the International Monetary Fund (IMF), Director General of the Swedish Banks Support Authority, and held leadership positions in the Swedish Ministry of Finance and Svenska Handelsbanken.

With his international reputation and extensive experience in policy-making and financial markets, Stefan Ingves will join the ranks of prominent European personalities on Scope Foundation’s Honorary Board such as former German President Horst Köhler, former European Central Bank (ECB) President Jean-Claude Trichet, UniCredit Chairman Pier Carlo Padoan, former ECB Board Member José Manuel González-Páramo and former Polish Finance Minister and Central Bank Governor Leszek Balcerowicz.

Background: The Scope Foundation was set up to protect the European identity and independence of Scope Group. While the Board of Trustees warrants the achievement of the purpose of the foundation – including the management of its assets – and ensures continuity among the shareholders, the Honorary Board is dedicated to represent and foster the concept of the European Rating Agency.

The Nordic region has been one of the most important parts of Europe for Scope's development for many years, with our office in Oslo set up in 2017. The Oslo office serves as the hub for Scope’s operations in the Nordic and Baltic regions for its rating services on financial institutions, companies, covered bonds, structured and project finance as well as sovereign and public sector institutions.

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