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KommuneKredit implements organisational change

Press release -

KommuneKredit implements organisational change

On 1 September 2018 KommuneKredit will be implementing an organisational change, which will underpin our Strategy 2022.

We are consolidating our client-based activities in one new department, Lending and Leasing, with Director Christian Jeppesen as new Head of Department.

Director Jette Moldrup is the new Head of Department for the Treasury department. Eske Hansen continues in the Treasury department as Chief Funding Manager.

We are consolidating our back office, accounting, risk management and business analysis in our Finance and Risk department with Director and CFO Morten Søtofte as Head of Department.

Business Development and Support, which is headed by Director Søren Steen Mortensen, will be expanded with a Business Development unit.

The IT department will continue with Director and CIO Nadeem Zafar as Head of Department.

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KommuneKredit is an association, whose purpose is to provide lending to municipalities and regions and companies with a 100% municipal guarantee.

The association is the municipalities and regions own credit institution and exist solely for our clients.

Contacts

Jens Lundager

Jens Lundager

Press contact CEO +45 3369 7622

KommuneKredit

KommuneKredit is a Danish special-purpose credit institution, providing funding for the local growth and green transition in municipalities and regions across Denmark.

KommuneKredit is an association with sustainability at its core and a strong ESG profile. Our member base consists of all Danish municipal and regional authorities. Our guarantee structure and safe business model have secured us a premium credit rating (AAA) (Aaa).

That is why we can offer municipalities and regions instant and uncomplicated access to financing of projects large or small and at the lowest possible cost. With equal opportunities and terms for all – across the entire country.

That is how it has been since 1899, when KommuneKredit first disbursed a loan. And that is the way it is today, as our dedicated employees advise on and arrange more than 2,000 loans every year.

When investors buy our bonds, we can disburse loans for purposes ranging from energy renovation of a local sports centre to the purchase of a new eco-friendly hybrid ferry, or the establishment of more sustainable district heating systems across the country.

For the benefit of ordinary citizens, for our local communities, and for an even greener future.

KommuneKredit
Kultorvet 16
DK-1175 Copenhagen K
Denmark
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