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In 1685, he became a member of the [[Privy Council of Sweden]][{{cite book |title=Historische Beschreibung des Königreichs Schweden |date=1708 |publisher=Ben Christoph Riegel |location=Frankfurt |page=477 |url=https://books.google.com/books?id=cvtTAAAAcAAJ&dq=Fabian+Wrede+%22senator%22&pg=RA1-PA476 |access-date=23 February 2024 |language=de}}] and was appointed president of the [[Bergskollegium|Board of Mines]] and the state treasury. After the death of Claes Fleming in the same year, Wrede became the central figure in the [[Great Reduction]] serving as the head of the Reduction Commission and the Reduction Board, a political project that confiscated lands from the nobility to stabilize the crown's finances. Although he was a member of the nobility, Wrede’s work on the policy established him as a key advisor to King [[Charles XI of Sweden|Charles XI]]. [{{cite book |title=Årsbok |date=1998 |publisher=Karolinska förbundet. |location=Stockholm |page=53 |url=https://books.google.com/books?id=VNkVAQAAMAAJ&q=Fabian+Wrede+%22r%C3%A5dgivare%22+charles+xi |access-date=20 April 2026|language=sv}}] In 1687, he was elevated to president of both the [[Legal, Financial and Administrative Services Agency|Chamber College]] and the [[National Board of Trade (Sweden)|Board of Commerce]]. For his service, he was created Count of [[Östanå Castle|Östanå]] on 10 December 1687. [>{{cite ]book |last1=Anrep |first1=Gabriel |title=Svenska adelns Ättar-taflor utgifna af Gabriel Anrep |date=1864 |publisher=P. A. Nōrstedt & Söner |page=653 |url=https://books.google.com/books?id=tY5AAAAAcAAJ&dq=Fabian+Wrede+Greve+av+%C3%96stan%C3%A5&pg=PA653 |access-date=20 April 2026 |language=sv}}</ref> [{{cite web |last1=Syrjö|first1=Veli-Matti|title=Wrede, Henrik (d. 1605) |url=https://kansallisbiografia.fi/kansallisbiografia/henkilo/609 |website=Kansallisbiografia [National Biography] |access-date=20 April 2026 |date=1 December 2001|language=fi}}] |
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In 1685, he became a member of the [[Privy Council of Sweden]][{{cite book |title=Historische Beschreibung des Königreichs Schweden |date=1708 |publisher=Ben Christoph Riegel |location=Frankfurt |page=477 |url=https://books.google.com/books?id=cvtTAAAAcAAJ&dq=Fabian+Wrede+%22senator%22&pg=RA1-PA476 |access-date=23 February 2024 |language=de}}] and was appointed president of the [[Bergskollegium|Board of Mines]] and the state treasury. After the death of Claes Fleming in the same year, Wrede became the central figure in the [[Great Reduction]] serving as the head of the Reduction Commission and the Reduction Board, a political project that confiscated lands from the nobility to stabilize the crown's finances. Although he was a member of the nobility, Wrede’s work on the policy established him as a key advisor to King [[Charles XI of Sweden|Charles XI]]. [{{cite book |title=Årsbok |date=1998 |publisher=Karolinska förbundet. |location=Stockholm |page=53 |url=https://books.google.com/books?id=VNkVAQAAMAAJ&q=Fabian+Wrede+%22r%C3%A5dgivare%22+charles+xi |access-date=20 April 2026|language=sv}}] In 1687, he was elevated to president of both the [[Legal, Financial and Administrative Services Agency|Chamber College]] and the [[National Board of Trade (Sweden)|Board of Commerce]]. For his service, he was created Count of [[Östanå Castle|Östanå]] on 10 December 1687. [name="Anrep" /> ][{{cite web |last1=Syrjö|first1=Veli-Matti|title=Wrede, Henrik (d. 1605) |url=https://kansallisbiografia.fi/kansallisbiografia/henkilo/609 |website=Kansallisbiografia [National Biography] |access-date=20 April 2026 |date=1 December 2001|language=fi}}] |
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Following the accession of [[Charles XII of Sweden|Charles XII]], Wrede was appointed to the regency government of 1697. With the outbreak of the [[Great Northern War]], he became responsible for the procurement of war funds and the [[Swedish Fleet|Navy]]. In 1711, Wrede was dismissed from all his offices except for the council office and the presidency of the Board of Commerce. [>{{cite ]book |last1=Anrep |first1=Gabriel |title=Svenska adelns Ättar-taflor utgifna af Gabriel Anrep |date=1864 |publisher=P. A. Nōrstedt & Söner |page=653 |url=https://books.google.com/books?id=tY5AAAAAcAAJ&dq=Fabian+Wrede+Greve+av+%C3%96stan%C3%A5&pg=PA653 |access-date=20 April 2026 |language=sv}}> |
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Following the accession of [[Charles XII of Sweden|Charles XII]], Wrede was appointed to the regency government of 1697. With the outbreak of the [[Great Northern War]], he became responsible for the procurement of war funds and the [[Swedish Fleet|Navy]]. In 1711, Wrede was dismissed from all his offices except for the council office and the presidency of the Board of Commerce.[name="Anrep" />] |