Ellen comes to Norfund from Yara, the Norwegian fertilizer heavyweight, where she has spent the last few years as VP for Sustainability programs and global projects. 

My main motivation for joining Norfund is the opportunity to work on development of viable and sustainable businesses and jobs in developing countries.” 

Ellen Rasmussen

Prior to this, she was the country manager for Yara’s operations in the Ivory Coast and before arriving at Yara, she spent four years as EVP for Agrinos, an international agricultural input provider, responsible for the EMEA and Asia regions.

Ellen has been responsible for business development in African, Asian and South-American countries. She says she finds it incredibly interesting to learn about a new country and culture, and identifying its particular conditions for success.

She is looking forward to using all this experience, while familiarizing herself with many new aspects. She says she has a lot to learn, but hopefully also a lot to contribute. 

First and foremost, I’m looking forward to meeting my new colleagues and learning about current and future investment opportunities. That said, the opportunities are not created in front of the computer, but by being present in the markets, meeting companies and possible partners. There’s an enormous potential in Africa and I’m looking forward to getting started!

 Ellen comes from a 20-year career in business development spanning a variety of sectors, company sizes and continents. It is this wealth of expertise that is now joining the Norfund management team. 

Rasmussen’s varied experience within the fields of manufacturing, technology and agriculture, makes her a perfect fit in the department she will now be heading. We are looking forward to welcoming her in our Oslo office in March 2020.

Tellef Thorleifsson, Norfund CEO