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Susanne Kure has been elected to KommuneKredit's Board of Directors. Photo © Tuala Hjarnø/Preseed Ventures
Susanne Kure has been elected to KommuneKredit's Board of Directors. Photo © Tuala Hjarnø/Preseed Ventures

Press release -

New member of KommuneKredit's Board of Directors

KommuneKredit’s Board of Directors has elected Susanne Kure as a new independent member of the Board for the next election period commencing June 1, 2022.

KommuneKredit’s Board of Directors consists of 10 members of which 2 are independent and must possess qualifications within accounting, auditing, financial or risk management.

Susanne Kure holds an MSc in Auditing and Accounting and has qualified as a state-authorised public accountant. For several years Susanne Kure served as Senior Vice President and CFO of Vækstfonden. Prior to this Susanne Kure gained experience as CFO of Amagerbanken from 1999 to 2003 and as state-authorised public accountant with KPMG.

For the last 8 years Susanne Kure has acquired extensive experience as a board member including experience from the Boards of several pension funds, where she currently holds positions as special investment expert, as well as chairman and member of the Audit Committee respectively.

Since leaving Vækstfonden in 2015, Susanne Kure has run her own business as an independent advisor while also focusing on board duties.

Chairman of the Board Lars Krarup states: “I am very pleased that Susanne Kure has agreed to serve as a member of KommuneKredit’s Board of Directors and thus contribute to ensuring a high level of competency for the Board overall. In Susanne we gain a board member with a solid and broad experience base, which, I believe, will complement the competences of the remaining Board of Directors in the best way.”

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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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