Pernille Jessen has been appointed CIO at Denmark’s AP Pension, where she will take up the role on January 1, 2024, the fund announced in a press release. Jessen will succeed Rasmus Cederholm.
Jessen has a background in sustainable investment, and plans to focus on that at AP Pension, continuing the fund’s history of sustainable investment. According to the press release, AP was the first commercial pension fund in Denmark to launch investment products dedicated to responsible and sustainable development.
“AP Pension has a clear profile within sustainability and green transition and ambitions to further strengthen its approach. I believe that focus is absolutely crucial for a long-term investor,” Jessen said in a statement. But she also put equal importance on delivering competitive returns. “AP Pension has shown with a sure hand that it is fully possible to deliver that combination,” she added.
“AP Pension has come a long way on the sustainable agenda, and it is a position we have ambitions to develop further,” said Bo Normann Rasmussen, AP Pension CEO, in a statement. “Here, Pernille brings knowledge and experience that fits in well.”
For the past year, Jessen has been co-CIO at AkademikerPension, and was previously head of fixed income and credit for six years. Before that, Jessen was a portfolio manager and later head of credit at Unipension and an economist at Danmarks Nationalbank.
“I will become part of AP Pension’s skilled investment team and together we will continue to deliver good, long-term returns— with a focus on responsible and sustainable development” Jessen said in a translated LinkedIn post.
Jessen has a bachelor’s and a master’s degree in mathematics-economics from the University of Copenhagen and a PhD in Finance from Aarhus University.
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Tags: AP Pension, Bo Normann Rasmussen, Denmark, Pernille Jessen