What question did this study set out to answer?

To outline Cecilia Skingsley's significant roles and contributions during pivotal financial crises in Sweden.

April 7, 2026Open Access

Lessons Learned: Cecilia Skingsley

Key Points

To outline Cecilia Skingsley's significant roles and contributions during pivotal financial crises in Sweden.
Examined Skingsley's career across various roles in finance and banking.
Analyzed her impact during the Swedish banking crisis, GFC, and European Sovereign Debt Crisis.
Reviewed her transition to central banking and the Innovation Hub.
Skingsley played a crucial role in managing the Swedish banking crisis in the 1990s.
Under her leadership, Swedbank faced significant challenges during the GFC.
As deputy governor, she contributed to central banking strategies until her departure in 2022.

Abstract

During the Swedish banking crisis of the early 1990s, Cecilia Skingsley was the press secretary for the Ministry of Finance. She held various roles, including chief economist, at Swedbank, one of Sweden’s largest banks, from 2007 to 2013, a period that included the Global Financial Crisis (GFC) and European Sovereign Debt Crisis. Swedbank suffered heavy losses amid the GFC and relied on a government guarantee program for support. In 2013, she became a deputy governor of Sveriges Riksbank, Sweden’s central bank; in 2019, she became first deputy governor. Skingsley left the Riksbank in September 2022 to become head of the Bank for International Settlements’s Innovation Hub.

Bookmark

View Full Paper

Bookmark

View Full Paper

Lessons Learned: Cecilia Skingsley

Key Points

Abstract

Cite This Study