Who was Tore Browaldh?
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Dr Tore Browaldh was born in Stockholm in 1917. He worked as a finance attaché at the Swedish embassy in Washington in 1943 and as a secretary for the post-war commission at the Ministry of Finance from 1944 to 1945, while at the same time being affiliated to the Research Institute of Industrial Economics. He worked as a secretary for the Handelsbanken Board of Directors from 1946 to 1949, as a director at the Council of Europe in Strasbourg from 1949 to 1951, and as a deputy managing director for the Swedish Employers Confederation from 1951 to 1954. From 1955, he worked as the managing director at Svenska Handelsbanken until 1966, as chairman of the board from 1966 to 1978, as first vice chairman from 1978 to 1988, and as an honorary chairman from 1988 until his death in 2007.
Tore Browaldh received an honorary doctorate from the Royal Institute of Technology, Stockholm in 1967 and an honorary doctorate from Göteborg University in 1980. For many years, he was chairman of the board at AB Volvo, AB Industrivärden, Svenska Cellulosa AB, Svenska IBM AB, Svenska Unilever AB and Sandrews, and vice chairman of the Nobel Foundation. He was a member of the Unilever Advisory Board, IBM World Trade Corp. and the International Advisory Board of AB Volvo. He also wrote a number of books, including the autobiographies Gesällvandring (1976), Vägen vidare (1980) and Motlut och medvind (1984).
The Board of Directors at AB Volvo made a decision in 1988, by way of acknowledgement of Tore Browaldh's many years of service as a board member, to allocate funds to a foundation to be administered by the School of Business and Economics at Göteborg University. The purpose of this foundation shall be to arrange a public lecture once a year, known as the "Tore Browaldh lecture at the School of Business and Economics at Göteborg University", within the field of economics or social sciences, with priority for subjects which illustrate the relationship between economics, economic theory or economic systems on the one hand and social attitudes, political systems and philosophy on the other. The first lecture took place in 1989.