Jacob Wallenberg

Jacob Wallenberg (born 13 January 1956) is a Swedish banker and industrialist from the Wallenberg family who currently serves as a board member for multiple companies. He was described by The Guardian as a “prince in Sweden's royal family of finance”. Biography Early life and education Wallenberg was born in Stockholm in 1956 into the Wallenberg family, the son of banker Peter Wallenberg Sr. and Suzanne Fleming Grevillius. He was educated at the Wharton School of the University of Pennsylvania, receiving a BS in economics in 1980 and an MBA in 1981. He also studied at the Royal Swedish Naval Academy and is a reserve officer in the Swedish Navy. Career Jacob Wallenberg was Chairman of Skandinaviska Enskilda Banken (SEB) from 1998 to 2005 and Vice Chairman from 2005 to 2014. He was CEO of the bank in 1997, and, between 1995 and 1996, served as EVP and head of corporate and investment banking. Wallenberg has also served as Vice Chairman of Atlas Copco, SAS Group, and Stora Enso, and has served on the boards of The Coca-Cola Company, Electrolux, WM-data, and the Stockholm Chamber of Commerce.