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Lessons Learned: Cecilia Skingsley

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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.

Suggested Citation

  • Haggerty, Maryann, 2025. "Lessons Learned: Cecilia Skingsley," Journal of Financial Crises, Yale Program on Financial Stability (YPFS), vol. 7(1), pages 725-728, April.
    • Handle: RePEc:ysm:ypfsfc:v:7:y:2025:i:1:p:725-728
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    File URL: https://elischolar.library.yale.edu/cgi/viewcontent.cgi?article=1643&context=journal-of-financial-crises
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    Keywords

    communications; COVID-19 pandemic; Global Financial Crisis (GFC); Sveriges Riksbank; Swedbank;
    All these keywords.

    JEL classification:

    • G01 - Financial Economics - - General - - - Financial Crises
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation

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