Anderson, born in 1959, will retire from his position at asset manager Baillie Gifford, where he became partner in 1987, during the first half of 2022, Kinnevik said in a statement.

It added that it was also proposing Harald Mix, CEO of Altor Equity Partners, as new director of the board, while Henrik Poulsen and Wilhelm Klingspor would not stand for re-election.

Kinnevik's shareholders include Sweden's wealthy Stenbeck family.

(Reporting by Helena Soderpalm; editing by Niklas Pollard)