The Investment Fund for Developing Countries (IFU) has appointed Søren Møller as Head of Office in Kyiv, Ukraine, with effect from 1 March. This newly established position is designed to enhance IFU’s presence and efforts in Ukraine where IFU has made numerous investments in the past and further increased its support during the Russian invasion.
Søren brings a wealth of experience and a passion for sustainable development which aligns with IFU’s mission.
“By adding Søren Møller to our team in Ukraine, we will strengthen our contribution to the economic and social development as well as the green transition in Ukraine. With this, we will be able to do more in our effort to promote investments in the private sector and provide access to finance and grants for sustainable public infrastructure projects. Søren’s extensive background in corporate treasury, investment banking, private equity, and leadership across various industries will be invaluable in driving our mission to support sustainable development in Ukraine.”
Lars Bo Bertram, CEO of IFU.
Søren Møller will be an addition to IFU’s regional office in Kyiv based at the Danish Embassy, where two local IFU colleagues look forward to welcoming an extra resource to manage IFU’s increasing activity both in the private sector and in public infrastructure financing.
“I look forward to strengthening IFU’s role as a valued partner in Ukraine and contributing to the work as a trusted impact investor, supporting sustainable development. I am committed to creating meaningful, long-term impacts that will help drive Ukraine’s recovery and growth.”
Søren Møller, Head of Office, Kyiv.
Three years after Russia’s invasion of Ukraine, IFU has contributed nearly DKK 550 million in financing to support Ukrainian businesses and infrastructure. This substantial funding, primarily from the Danish Ukraine Fund and Danida Sustainable Infrastructure Finance, has been crucial in providing risk capital to private companies and public infrastructure, despite the high investment risks and challenging conditions. IFU’s efforts have included investments in renewable energy, healthcare, and supporting local small and medium-sized enterprises, benefiting Ukraine’s economy and resilience. IFU plans to continue its strong commitment to Ukraine in 2025, with an additional DKK 100 million allocated by the Danish Parliament.