ATP appoints Mikkel Svenstrup as new CIO
Written by Natalie Tuck
Danish pension provider ATP has appointed Mikkel Svenstrup as its new chief investment officer for the DKK 900bn fund.
Svenstrup has also been appointed as member of ATP Group Management and he will take up his new roles on 1 March 2020. He joins the firm from P+, the administration cooperation of the pension funds JØP and DIP, where he was CIO for the past three years. He has also held positions at i.a, Nordea, UBS Investment Bank and Barclays Capital.
Commenting, ATP CEO Bo Foged said: ”We are facing a world of low expected returns and increasing market fluctuations, making it absolutely vital that we have the very best investment and risk talent onboard. We have conducted a rigorous recruitment procedure, and Mikkel Svenstrup embodies the skills and personal qualities required to succeed in the position as chief investment officer at ATP.
“He brings with him not only an impressive theoretical foundation, but also deep insights and solid practical experience from all the core investment disciplines. In addition, he has practical experience both from the sales and the management sides, so I’m very pleased to be able to welcome Mikkel as part of the management team in Hillerød.”
On his own appointment, Svenstrup said he is looking forward to joining the ATP team. He is 45 years old and holds a masters degree in mathematics-economics. He has a Ph.D. in finance from Aarhus University.