Magdalena Andersson (Social Democrat)

Eva Magdalena Andersson (born 23 January 1967) is a Swedish Social Democratic politician who has served as Minister for Finance since October 2014.

Not to be confused with Magdalena Andersson (Moderate).
Magdalena Andersson
Minister for Finance
Assumed office
3 October 2014
Prime MinisterStefan Löfven
Preceded byAnders Borg
Personal details
Born
Eva Magdalena Andersson

(1967-01-23) 23 January 1967
Uppsala, Sweden
Political partySocial Democrats
Spouse(s)Richard Friberg (m. 2000)
Children2
Alma mater

Education

Andersson was educated at Stockholm School of Economics and pursued graduate studies there from 1992 to 1995.

Career

Andersson was employed in the Prime Minister's Office as political advisor from 1996 to 1998 and as director of planning from 1998 to 2004. She was state secretary in the Ministry of Finance 2004–2006 and domestic policy adviser to party leader Mona Sahlin from 2007 to 2009. From 2009 to 2012, she was Chief Director of the Swedish Tax Agency after being appointed to her current position by the Löfven I Cabinet. On the decision of the coalition partners, the Finance Ministry was divided in two; Andersson became Finance Minister, while Per Bolund was put in charge of financial markets and consumers.[1]

In 2020, the members of the International Monetary and Financial Committee (IMFC), the policy advisory committee of the Board of Governors of the International Monetary Fund (IMF), selected Andersson as the committee's chair for a term of three years.[2] She is the first European in that role in more than 12 years, and the first woman to hold that office.[3]

Andersson will be the first woman to chair the International Monetary and Financial Committee and will serve a three-year term effective Jan. 18, 2021

Other activities

Personal life

Andersson is married to Richard Friberg, a professor in economics, with whom she has two children.

References
  1. Cynthia Kroet (October 6, 2014), Löfven unveils Swedish government European Voice.
  2. IMFC Selects Sweden’s Minister for Finance Magdalena Andersson as New Chair International Monetary Fund (IMF), press release of December 17, 2020.
  3. David Lawder (December 17, 2020), IMF steering committee names Swedish finance minister as next chair Reuters.
  4. Board of Governors Asian Infrastructure Investment Bank (AIIB).
  5. Board of Governors European Bank for Reconstruction and Development (EBRD).
  6. Board of Governors: Magdalena Andersson European Investment Bank (EIB).
  7. Board of Governors Multilateral Investment Guarantee Agency (MIGA), World Bank Group.
  8. Board of Governors Archived 2017-10-29 at the Wayback Machine Nordic Investment Bank (NIB).
  9. Board of Governors World Bank.
Political offices
Preceded by
Anders Borg		 Minister for Finance
2014–present		 Incumbent
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