Stockholm (HedgeNordic) – Bo Foged announced the decision to resign from his role as CEO of Danish pension provider ATP to join Copenhagen Infrastructure Partners (CIP) as Partner and CFO. Foged will resign no later than this summer to join CIP, an alternative asset manager specializing in renewable energy infrastructure investments.
“It has been an extremely difficult decision to say goodbye to ATP which is an outstanding institution. I will miss the many stakeholders and the very special spirit which reigns here,” says Bo Foged. “I have no doubt that the employees at ATP have a special consciousness about the corporate social responsibility we bear and take and which enables people to create some unique results,” he adds. “ATP is well founded for the future and there are many strong and competent people at ATP to take care of the members’ and welfare Denmark’s interests.”
“ATP is well founded for the future and there are many strong and competent people at ATP to take care of the members’ and welfare Denmark’s interests.”
“On behalf of the Board of Directors I would like to thank Bo for his huge effort as CEO of ATP,” comments Torben M. Andersen, the Chairman of ATP’s Board of Directors. “Bo has been eminent in leading the great process of change which ATP is currently undergoing. There has been set a clear and strategic direction where the results have been among the best in ATP’s history and where ATP at the same time clearly takes corporate social responsibility,” he continues. “It is a united and stronger ATP which Bo now leaves to his successor.”
“It is a united and stronger ATP which Bo now leaves to his successor.”
Bo Foged joined ATP in January 2015 as acting CFO and COO and was named CEO in mid-June 2019 after a period of seven months as interim CEO. Before ATP, Foged was Chief Executive Officer of the BankInvest Group, where he started as CFO. Prior to BankInvest, he worked at Carnegie Bank, World Bank, Nycomed (now Takeda), Accenture and PricewaterhouseCoopers. Foged will take over the role of CFO at CIP from Stig Pastwa, who will be appointed as COO to lead the growth of CIP’s fund management platform.