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If a company can get 10% of its financing from a SWF and 30% from a development bank, then it becomes much easier for the business to attract the rest of the financing from a private capital source,” said Nacvalovaite. They can also lead in the adoption of best practices, such as governance, transparency and ethicalinvestment.
Kristensen, who joins from a similar role at Federated Hermes – following spells at Jyske Bank and Neuberger Berman – reports to Client Group Co-head Paul Voûte, who has made deepening institutional relationships a priority since taking up his role in 2022. “It’s fair to say there is a certain cultural fit across the region,” he said.
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