[1865] in peace2
Fwd: Wallenberg Lecture Annoucement - 9/9/02
daemon@ATHENA.MIT.EDU (corrina@MIT.EDU)
Fri Sep 6 09:59:44 2002
From: corrina@MIT.EDU
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Date: Fri, 6 Sep 2002 09:57:40 -0400
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Wallenberg Lecture on Environment and Sustainability
Jacob Wallenberg, Vice Chairman, Investor AB
EU and U.S. - Not as far apart as you think:
the CEO's global challenge
Monday, September 9, 2002 at 4:00 p.m.
E25-111 - Reception to follow
Talk Summary:
The EU-U.S.: Not so far apart?
Europe and the US are facing some serious issues such as
shaky U.S and world markets; the continuing aftermath of 9/11; and
the growing crisis of confidence in corporate leadership and
accounting practices. All of these have called into question the
foundations upon which our democratic free market order rest.
The traditionally strong EU-U.S. cooperation has hit some
bumps in the past twelve months. There are some differences in
opinion today in how to solve some political, economic and
environment related issues. On the other hand, the EU and the U.S
together represent 50 per cent of the global economy. The challenges
that the EU and the US face are "shared" challenges. It is therefore
very important for the EU and the US to jointly address and try to
find realistic solutions to common issues.
It is in both the U.S. and EU interest to preserve a climate
of trust that favors the development of transatlantic business. This
includes working to develop higher environment standards - which in
turn means innovation, investments, growth and new jobs.
In these common objectives, we are not so far apart. Economic
prosperity, environmental protection, social responsibility and
global security must all go hand-in-hand.
Biography
Jacob Wallenberg is Chairman of the Board of SEB, Skandinaviska
Enskilda Banken, Vice-Chairman of Investor AB and Vice-Chairman of
the Knut and Alice Wallenberg Foundation.
Born in Stockholm 1956. Mr. Wallenberg was educated in the Wharton
School at the University of Pennsylvania, where he earned a Bachelor
of Science in Economics in 1980 and an MBA in 1981.
After extensive training programs at a number of international banks
Jacob Wallenberg joined SEB in 1984 and held various posts at the
bank in Sweden as well as in Singapore, Hong Kong and London.
From 1990 to 1992, Mr. Wallenberg was Deputy Managing Director of
Investor AB, a holding company with substantial interests in several
major Swedish corporations.
After rejoining the SEB Group in 1993, Mr. Wallenberg was appointed
CEO in 1997 and Chairman of the Board in 1998.
Mr. Wallenberg serves also on the Boards of Atlas Copco (Vice
Chairman), Electrolux (Vice Chairman), SAS (Vice Chairman) and ABB.
Mr. Wallenberg also serves on a number of non-corporate Boards such
as the Nobel Foundation, Confederation of Swedish Enterprise and the
Wharton European Advisory Board.
Mr. Wallenberg attended the Royal Swedish Naval Academy and is today
a commander of the Royal Swedish Naval Reserve.
--
Amy Sargent
Office of Academic Development
M.I.T.
77 Mass. Ave., 10-207
Cambridge, MA 02139
Tel: 617-253-9304
Fax: 617-253-6707
http://web.mit.edu/giving/
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