KfW has announced the appointment of Aida Welker to the Management Board of its subsidiary, KfW IPEX-Bank. Welker will assume her new role on May 1, 2025, succeeding Andreas Ufer, who is set to retire at the end of April 2025. In her new position, Welker will oversee Mobility, Infrastructure, Syndication & Treasury, and KfW IPEX-Bank Asia Ltd.
Welker currently serves as the Global Head of Infrastructure at KfW IPEX-Bank. Her responsibilities include managing an infrastructure portfolio valued at approximately EUR 18 billion and leading the origination and structuring of new business. Her previous roles within KfW Group include head of Corporate Strategy, Management and Communication department and a Department Head in credit risk management at KfW IPEX-Bank.
In addition to Welker's appointment, Dr. Velibor Marjanovic's contract has been extended for another five years. Since May 1, 2022, Marjanovic has been responsible for Industries and Commerce, Energy, Structuring Advisory, Business Ability, Equity Portfolio as well as the London Branch within the Management Board of KfW IPEX-Bank.
Christiane Laibach, Chair of the Board of Supervisory Directors and a member of the KfW Executive Board commented: "The role of KfW IPEX-Bank is to effectively accompany the transformation process of its customers on the path to greenhouse gas neutrality and to support the German and European export industry. Therefore, I am pleased that we have gained a very experienced bank manager with Aida Welker." She added: "I am also pleased that the contract extension of Velibor Marjanovic ensures continuity and experience in the Management Board of KfW IPEX-Bank."
KfW IPEX-Bank is part of KfW Group and focuses on project and export finance. It aids German and European companies by providing medium- and long-term financing for exports, infrastructure investments, raw material supply security, and environmental projects globally.