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    Meet the Board of Denmark’s New Export and Investment Fund

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    Stockholm (NordSIP) – At the end of January 2022, the Danish government merged Denmark’s Export Credit Agency (EKF), the Danish Growth Fund (Vaekstfonden) and the Danish Green Investment Fund into a new fund, the Danish Export- and Investment Fund (EIFO).

    On August 27th, the Danish Minister for Industry, Business and Financial Affairs, Simon Kollerup, appointed EIFO’s new board of directors until 30 June 2024. Torben Möger Pedersen (Pictured), CEO of PensionDanmark is EIFO’s first Chairman. Bo Foged, who used to be CEO of pension fund ATP is deputy chairperson, as is Dorrit Vanglo, former Director at LD Fonde. The remaining nine members of the board are Mia Wagner, Jørgen Høholt, Christian Frigast (Chairman of EKF), Anne Mette Toftegaard, Jesper Buch, Camilla Ley Valentin (Chairperson of Vaekstfonden), Martin Rossen, Esben Gadsbøll and Jan Bisgaard Sørensen.

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    ”I’m extremely glad to be given the opportunity to become the head the fund. This allows me and the new, strong team of board members to make a difference for both large corporates and SMEs. I’m sure that this will be an exciting and important mission. With great ambitions for Danish exports, innovation and growth, we will equip the Danish business community for the future”, says Torben Möger in a press release from the Ministry of Industry, Business and Financial Affairs.

    Denmark’s Export and Investment Fund will in due course offer a single point of access for all Danish enterprises seeking risk-tolerant governmental co-financing for sustainable and responsible growth.  For the time being, however, the three original institutions will continue to serve new and existing clients as they have in the past.

    “We are looking forward to working with the new board of directors to create a cohesive and internationally competitive state financing initiative for all Danish businesses along with export businesses, SMEs and start-ups,” CEO of EKF Denmark’s Export Credit Agency, Peder Lundquist stated.

    “We welcome the new board of directors. And are looking forward to jointly – and in partnership with entrepreneurs, investors and businesses – developing the green growth and export companies Denmark cannot afford to miss out on,” commented CEO of Vaekstfonden, Rolf Kjærgaard.

    “I am pleased to see a board with a green mandate and mission, which we look forward to working with on the national and global green transition. Because the green transition and good business performance go hand in hand,” Managing Director of the Danish Green Investment Fund, Michael Zöllner concluded.

    The board formally took office this week, when the fund was officially established at a founding meeting on Wednesday, 31 August 2022.

    Image courtesy of PenionDenmark
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