Executive Vice President, G-SIBs
Mikael Hagstrom leads the digital transformation process for global systemically important banks (G-SIBs), helping them identify challenges and opportunities in the digital era. He also heads up the Asia Pacific region, a fast growing geography for SAS, opening new frontiers for analytics software.
Accelerating innovation through analytics is a driving force for Hagstrom. “When you develop a culture that adopts newer skills and technologies, your ability to innovate increases. Then those innovations generate even more skills and technologies. The wheel keeps turning. And advancements keep happening.”
Hagstrom’s SAS career began in Sweden in 1989, and moved to SAS’ European headquarters in Heidelberg, Germany, in 1993. As Country Manager of SAS Norway from 1998 to 2000, he led the country to record growth, doubling new sales for three consecutive years. Additional geographies and P&Ls were consistently added to his growing scope of responsibility, until he was named Vice President of Sales for EMEA. In 2007 he became Executive Vice President of EMEA and Asia Pacific, where he led a global team of 5,000 professionals in 48 countries before assuming his current role in 2015. He is now based at SAS world headquarters in Cary, NC.
He is a member of the board of directors of the Atlantic Council and the executive committee that functions as the board of directors for the United States Council for International Business (USCIB). He is also vice chair of the World Economic Forum’s Global Agenda Council on Data-Driven Development. From 2010 to 2014, he chaired the American Chamber of Commerce to the European Union (AmCham EU) Executive Council. An authority on the multinational business climate, Hagstrom has spoken at numerous gatherings including World Economic Forum events, Horasis global business meetings, Atlantic Council’s annual members’ conference, AmCham EU’s innovation and business summits, the INSEAD Global Business Leaders Conference, the Tällberg Forum, UN Climate Change Conference, and OECD’s health ministerial meeting.