the Decision comes after Dagens industri drawn attention to the exclusive study trips to India and China. Första AP-fonden has also implemented a internkonferens at a French conference area in the Languedoc where the managing director Johan Magnusson owns a vacation home. Total cost of the conference, close to half a million dollars.
Johan Magnusson no economic interests in the conference center.
“the Board sees great value in the fund’s employees gather to plan and develop the business, but have expressed criticism of the location of the internkonferensen,” says Urban Karlström, the fund’s chairman of the board, in a comment.
the Mapping should be the basis for an upcoming update of the fund’s travel policy.
”I have full understanding for the board’s criticism and would have chosen a different approach,” says Johan Magnusson, in a comment.
