New Board of Directors for KommuneKredit

Press release -

New Board of Directors for KommuneKredit

The Board of Directors for KommuneKredit has elected its officers for the period 1 June 2018 to 31 May 2022. The elected officers are:

Mayor Lars Krarup, Municipality of Herning, Chairman

Mayor Thomas Lykke Pedersen, Municipality of Fredensborg, Vice-chairman

Mayor Hans Toft, Municipality of Gentofte

Mayor Erik Nielsen, Municipality of Rødovre

Mayor Mikael Klitgaard, Municipality of Brønderslev

Mayor Erik Lauritzen, Municipality of Sønderborg

Regional Council Member Leila Lindén, Capital Region of Denmark

Regional Council Member Martin Geertsen, Capital Region of Denmark

Deputy CEO Kaj V. Holm, Øresundsbro Konsortiet, Independent member 

Chairman of the Board Lars Krarup states: “I look forward to being in charge of the Board of Directors of KommuneKredit during the next election term. As a mayor I fully appreciate the crucial role KommuneKredit’s funding plays in local welfare, development and growth – benefitting all citizens nationwide. It is a contribution to our welfare society that we should not take for granted. Thus, KommuneKredit must evolve in unison with our surroundings. We must be professional, receptive and responsive, while continuing to be a well-run business.”

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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

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New Board of Directors for KommuneKredit
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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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