Sven Otto Littorin
| Sven Otto Littorin | |
|---|---|
 |
|
| Minister for Employment | |
|
In office 6 October 2006 – 7 July 2010 |
|
| Prime Minister | Fredrik Reinfeldt |
| Preceded by | Hans Karlsson |
| Succeeded by | Tobias Billström |
| Party secretary of the Moderate Party | |
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In office 2002–2006 |
|
| Party leader |
Bo Lundgren Fredrik Reinfeldt |
| Preceded by | Johnny Magnusson |
| Succeeded by | Per Schlingmann |
| Personal details | |
| Born |
Sven Otto Julius Littorin 20 May 1966 Skänninge, Mjölby, Sweden |
| Political party | Moderate Party |
| Alma mater | Lund University |
| Profession | Politician |
Sven Otto Julius Littorin (born 1966) is a former Swedish politician and architect of major structural reforms. As Minister for Employment in the cabinet of Fredrik Reinfeldt, he was in charge of the major overhaul of Swedish labor policies between 2006-2010. As President of the European Council of Ministers, in its Epsco formation he oversaw the European Union response to labor market effects during the financial crisis of 2008-09. As party secretary of the Moderate Party 2002-2006 he played a major role in restructuring the party. As chief of staff to Minister for Fiscal and Financial Affairs during the The Swedish banking crisis of 1992 he was one of the architects behind the Swedish banking rescue that Paul Krugman later proposed as a model for solving the Financial crisis of 2007–08.
He was born and grew up in Östergötland, where he was active in the Moderate Youth League from an early stage. He was national chairman of the Moderate School Youth, a part of the youth league, 1984-1985. He has a B.Sc. in Economics and Business Administration at Lund University. His résumé formerly also listed an MBA from the unaccredited Fairfax University (at the time licensed in Louisiana), but that degree was removed from his list of qualifications after it aroused controversy in June 2007 In 2011, Littorin was a Visiting Scholar at Stanford University. Since 2011 he has been a Political Affairs Consultant, based in London, England.
Between 1991 and 1993 he was chief of staff to Minister for Fiscal and Financial Affairs, Bo Lundgren, later leader of the Moderate Party. After that he worked in the private sphere for, inter alia, Kreab. In 1997 he co-founded Momentor AB, a venture capital company, and worked as a Senior Partner until 2002. In 2002 he was appointed party secretary by Bo Lundgren and later became a part of Fredrik Reinfeldt's team. He has played an integral part in the subsequent modernisation of the party. After the success of the Moderate Party in the 2006 general election he resigned as Secretary General and was later named Minister for Employment in the cabinet presented by Prime Minister Reinfeldt on 6 October 2006. Until 31 December 2006 this ministerial post was located within the Ministry of Enterprise, after which a separate Ministry of Employment. On 7 July 2010 he announced his immediate resignation, citing personal circumstances.
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