EKF brings in new CEO from abroad

EKF Denmark’s Export Credit Agency has hired 48-year-old Kirstine Damkjær as the new CEO.

Kirstine Damkjær returns to Denmark after a number of years in management positions at IFC (International Finance Corporation) and the World Bank in Washington D.C. The positions she held included CIO (Chief Investment Officer) and, most recently, Global Industry Head of Equity. She has been responsible for some of IFC's international loan programmes and private equity investments, established a public-private investment cooperation worth billions with a number of the world's leading insurance companies and was responsible for managing 320 employees across 90 countries. 

A woman with a strong international profile will thus take on the role of CEO at EKF. With a portfolio of loans and guarantees totalling about DKK 100 billion, EKF is one of Denmark's large financial companies.

About Kirstine Damkjær

  • M.Sc. in Political Science from Aarhus University in 1997
  • Chartered Financial Analyst 2015
  • Worked in EKF's department for project financing from 1997 - 2000
  • 18 years at the World Bank and IFC. Held managerial positions for the last ten years. These included Chief Investment Officer, Manager for 320 employees in 90 countries and, most recently, Global Industry Head of Equity.
  • Married to a Dane and mother of two children, ages 11 and 13.

"We are extremely pleased to have succeeded in attracting someone with such a strong profile to Denmark. EKF will get a top international manager with extensive experience with the area between public and private financing, a strong international network and a solid understanding of EKF's special societal role. I therefore fully expect that she will continue the positive development that EKF has been experiencing, and that this will help strengthen Danish export," says Christian Frigast, EKF's chairman. 

Kirstine Damkjær will be responsible for implementing EKF's strategy and its goal of further extending its financing and risk cover of small and large Danish companies, export activities and international growth plans.

"EKF is an excellent representative of Danish export and can stand with the very best. For me, the job is a truly unique opportunity to combine my passion for international financing with the challenges of leading an organisation with great ambitions and an equally great ability to deliver results for Denmark," she says.

Kirstine Damkjær replaces Anette Eberhard, who recently stepped down from EKF to become Managing Partner at PKA AIP Private Funds. Kristine Damkjær commences as CEO on 1 February 2019.

About EKF Denmarks Export Credit Agency

EKF is Denmark’s export credit agency. EKF finances and provides risk cover for the export activities and growth plans of Danish companies in order to strengthen their international competitiveness.

In recent years, EKF has experienced strong growth, in terms of business volume, number of customers and results. During the last five years, EKF has issued new loans and guarantees for more than DKK 70 billion. This has helped create and retain about 60,000 jobs in Denmark and resulted in a total profit for EKF of over DKK 2 billion.

EKF was established in 1922 as only the third export credit agency in the world.