Caroline Farberger: Embracing authenticity in leadership

Insights|June 14, 2024

Caroline Farberger is a pioneering Swedish business executive and former CEO of ICA Insurance, and she is known for being the first senior business leader in the Nordics to openly transition while in a high-profile role. Her unique perspective, having lived and worked as both a man and a woman, provides invaluable insights into the importance of diversity and authenticity in the workplace.

Caroline Farberger’s story is not just one of personal courage but also of breaking barriers and challenging corporate norms.

At our event, she discussed the value of being true to oneself and how it leads to more inclusive and effective leadership. She emphasized the need to create workplaces where everyone feels valued and can be their true selves.

During her talk, Caroline shared thought-provoking ideas and practical examples of how biases can affect decision-making. She described how, throughout her career, she didn’t truly understand her privileges until she transitioned. “As a white man, I was shielded by my business card and didn’t truly grasp the experiences of others. I thought the gender imbalance on boards was due to different interests,” she explained. “My transition revealed the subtle biases and structural barriers that limit opportunities for many.”

Leaving behind predominantly male networks, Caroline now enjoys building relationships with a broader range of people, which has enriched her understanding and fostered deeper connections. She highlighted how living as a woman opened her eyes to the systemic barriers faced by women and other marginalized groups. “Living as a woman allowed me to see these challenges and understand the need for more inclusive practices that ensure everyone has a fair chance to succeed,” she added.

Caroline provided both food for thought and clear examples of common situations where people struggle to consider others’ viewpoints. She left us with these key takeaways to foster inclusivity and authentic leadership:

  • Broaden your networks to include people you wouldn’t normally meet.
  • Prioritize your energy and focus on forums where you can grow.
  • A value-based leadership approach should be personal; trust yourself and stay true to your values.
  • Remember that you are unique and resist the impulse to conform to normative behavior.

To learn more about Caroline’s inspiring journey and her contributions to business and diversity, visit her website.

Read also about Roschier’s Agnes Lundell Society, a network that aims to inspire those of us following in Agnes’ footsteps to create new connections and pave the way for generations to come.