Elisabeth Rehn Godmother of ASSA ABLOY's Volvo Ocean Race Boat.Business Editors STOCKHOLM, Sweden--(BUSINESS WIRE)--April 27, 2001 Former Finnish presidential candidate and Minister of Defense, Elisabeth Rehn Märta Elisabeth Rehn (born April 6 1935 in Helsinki, Finland) is a former MP of the Swedish People's Party and the first woman as the Minister of Defence in Finland. In the 1994 presidential elections she was narrowly defeated by Martti Ahtisaari. , has been elected godmother to the boat ASSA ABLOY The ASSA ABLOY Group is a Swedish company. The group is the world's leading manufacturer and supplier of locks. ASSA ABLOY was formed in 1994 when ASSA Ab was detached from Swedish security firm Securitas AB. that will participate in the Volvo Ocean Race Volvo Ocean Race (formerly the Whitbread Round the World Race) is a yacht race around the world, held every four years. It's named after its sponsor, Volvo. Though the route is changed to accommodate various ports of call, the race typically departs England in September. . Ms. Rehn will name the boat in London mid-May and will also act as ambassador for ASSA ABLOY Racing Team. This will be announced in connection with Elisabeth Rehn's visit to ASSA ABLOY's Finnish subsidiary Abloy ABLOY Aktiebolaket Lukko Osakeyhtiö today. "The aim with ASSA ABLOY's initiative is to involve employees world-wide and to show that by emphasising factors such as ethics, realism and vision you can achieve results - both financial and human," states Elisabeth Rehn. Elisabeth Rehn will hold a presentation for Abloy employees where she will talk about her experiences as a UN delegate and of the challenges she faced mainly during her time as delegate in the Balkans. This is the first in a series of presentations, informing the employees of ASSA ABLOY's participation in the Volvo Ocean Race. The choice of Elisabeth Rehn is based on her unique background as Minister of Defence, business leader, and Under-Secretary-General of the UN, and that she personifies ASSA ABLOY's values - courage, vision, realism and ethics. "Elisabeth Rehn has been a model example of true leadership in many respects. That she, just like ASSA ABLOY, is active internationally and feels equally at home in all parts of the world and has a Finnish background, makes her an ideal godmother for our boat participating in the Volvo Ocean Race," states Carl-Henric Svanberg Carl-Henric Svanberg (born May 29, 1952, Porjus, Norrbottens län) is a Swedish businessman who is the current CEO of telecommunications company Ericsson. Born in the north of Sweden, Svanberg studied in the south and graduated with a Masters degree in Applied Physics and , President & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of ASSA ABLOY. About Elisabeth Rehn Elisabeth Rehn (born 1935) was assistant secretary-general of the UN until 1999 and was in that capacity responsible for the UN operations in Bosnia. She was earlier Member of the European Parliament Member of the European Parliament member n → Eurodéputé m (1995-1996) for Svenska Folkpartiet, presidential candidate in Finland 1994 and 2000 as well as Minister of Defence 1990-1994. She is currently UNIFEM UNIFEM United Nations Development Fund for Women Independent Expert within the peacekeeping operations. About ASSA ABLOY The ASSA ABLOY Group is the world's leading manufacturer and supplier of locks and associated products, dedicated to satisfying end-user needs for security, safety and convenience. Current sales for the Group are in excess of SEK SEK In currencies, this is the abbreviation for the Swedish Krona. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 20 billion (approximately USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 2 billion) and the number of employees is more than 20,000. ASSA ABLOY will participate in the Volvo Ocean Race to support the integration process of 100 companies worldwide and to develop the ASSA ABLOY corporate identity. For additional information, please visit: www.assaabloy.com and www.assaabloyracingteam.com About Volvo Ocean Race Volvo Ocean Race, formerly the Whitbread Round the World Race, is world's toughest and longest sailing race. Over nine months, the competitors cross four oceans and pass five continents. This sailing race round the world has been run seven times before, every four years since 1973. The start is in Southampton, England on September 23rd 2001. There are nine legs, a total of 32 250 nautical miles, with the finish line in Kiel, Germany, in June 2002. For additional information, please visit: www.volvooceanrace.org ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2001/04/27/20010427BIT00220/bit0002.doc http://www.bit.se/bitonline/2001/04/27/20010427BIT00220/bit0002.pdf |
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