“We lost a generation of risk managers”
As the business world is shaking, Thursday’s Treasury 360° Nordic event in Gothenburg saw SKF’s Elisabeth Mosseen and Inter IKEA’s Michael Störup – both group treasurers – line out their high-level view of the path towards tomorrow’s treasury. The low-risk environment from 2009 to 2019 saw practical risk-management skills lost, Störup observed.
“We are back now where risk is huge,” said Michael Störup, on stage in an SEB-produced session titled “A journey towards the next-generation treasury: the voice of two experienced group treasurers”.
Beside the revived need for risk management skills, another big theme of the session was the need for pro-activity from the side of the treasury versus the general business managers of their groups. Fortunately, it is easy to get people to listen to treasurers’ insights these days.
Patrik Bergström, head of SEB’s Financial Strategy Labs, predicted an increasing contribution by artificial-intelligence “agents”. However, this needs to come also with development in the skills profiles of treasury hires, as well as data setups that are fit for the purpose. Making sure data can be reached in one place is a good start.
Going forward, Elisabeth Mosseen still emphasised getting the basics right:
“Stick to the core. Make sure you have control over your liquidity and someone to call if you need to out there in the banking world. But really, the liquidity forecasting is key.“
With a background including nearly a decade as group treasurer of Volvo, her current work scope at SKF involves the separation of the group into two parts, with SKF Automotive set to be separately listed.
The session was led by SEB client executive Magnus Damberg.
• News from Treasury 360° Nordic 2026, at Svenska Mässan / Gothia Towers in Gothenburg on 23 April, is gathered here.
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• Find here the main conference website, with the agenda.
• Download the event magazine here .
• Many sessions appear in full as videos in the days or weeks after the event.