Three state funds merged into one:
Welcoming the newly appointed board of Denmark's Export and Investment Fund
The Minister for Industry, Business and Financial Affairs has appointed the new board of directors for Denmark's Export and Investment Fund which was established through the merger of EKF Denmark’s Export Credit Agency (EKF), Vaekstfonden and the Danish Green Investment Fund. The heads of the three original institutions welcome the new board and are looking forward to the joint mission to help grow the Danish economy and green the globe.
August 27. 2022
Before the summer break, the Danish Parliament passed an act on Denmark's Export and Investment Fund enabling the merger of the three national entities: Vaekstfonden, EKF Denmark's Export Credit Agency and the Danish Green Investment Fund.
Today, the Minister for Industry, Business and Financial Affairs, Simon Kollerup, has appointed the new board of directors. The board formally takes office, when the fund is officially established in connection with a founding meeting on Wednesday, 31 August 2022.
Apart from the 12 members of the board, three members of employee representatives will have to be elected for the board.
The newly appointed chairman of Denmark's Export and Investment Fund, Torben Möger Pedersen, looks forward to making a difference in the Danish business community.
”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.
The heads of the three original entities are looking forward to meeting and working with the new board:
CEO of EKF Denmark's Export Credit Agency, Peder Lundquist states:
"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 Vaekstfonden, Rolf Kjærgaard comments:
"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”.
Managing Director of the Danish Green Investment Fund, Michael Zöllner says:
"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.”
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.
Meet the new board of directors
The board of Denmark's Export and Investment Fund consists of the following members appointed by the Minister for Industry, Business and Financial Affairs until 30 June 2024:
Torben Möger Pedersen (Chairman)
- Bo Foged (Deputy chairman)
- Dorrit Vanglo (Deputy chairperson)
- Mia Wagner
- Jørgen Høholt
- Christian Frigast
- Anne Mette Toftegaard
- Jesper Buch
- Camilla Ley Valentin
- Martin Rossen
- Esben Gadsbøll
- Jan Bisgaard Sørensen
Out of the twelve members of the board, eight of them will also be part of the boards of the two sister companies EKF Denmark´s Export Credit Agency and Vaekstfonden.
Christian Frigast will be the chairman of the board of EKF Denmark´s Credit Agency and Dorrit Vanglo the deputy chairperson. Jørgen Høholt and Anne Mette Toftegaard will be part of the board of directors.
Camilla Ley Valentin will be the chairperson of the board of Vaekstfonden and Esben Gadsbøll the deputy chairman. Jesper Buch and Jan Bisgaard will be part of the board of directors.
For more information, please visit www.eifo.dk
To contact the three heads of the merged entities and the members of their boards, please reach out to Katrine Villarreal Villumsen at Vaekstfonden and the Danish Green Investment Fund on +45 31605020 or at firstname.lastname@example.org and Kim Bove at EKF Denmark's Export Credit Agency on +45 22273893 or at email@example.com