Nordic Microfinance Initiative (NMI) has appointed Lise Lindbäck as an Investment Director to work across NMI’s expanding investment portfolio of institutions building financial inclusion in Africa and Asia.

Lise joins NMI after nearly 12 years at Norges Bank Investment Management (NBIM), the organization responsible for the management of Norway’s sovereign wealth fund—popularly known as the “oil fund”—the largest of its kind in the world.

Through her role as NBIM’s Global Head of Investment Advice, Lise headed up NBIM’s work on strategy development focusing on questions related to the investment universe, asset allocation and the overall investment framework.

 “I am looking forward to new and interesting opportunities with an organization with a meaningful and important mission,” said Lise on her appointment at NMI.

 NMI was established in 2008 in Oslo, Norway, as a public-private partnership targeting both positive social impact and sustainable financial returns. Investors include the Norwegian and Danish governmental funds for developing countries (Norfund and IFU) and private financial institutions including DNB Livsforsikring, Ferd, KLP, Lauritzen Fonden, PBU, Storebrand, TD Veen and Koldingvej 2, Billund A/S.

“We are delighted to welcome such a high calibre professional as Lise to our growing team,” said Arthur Sletteberg, Managing Director of NMI. “Lise brings a depth of experience to this role, most notably from her long tenure at Norway’s prestigious sovereign wealth fund. Her expertise will be highly valuable to NMI as we continue to help build financial inclusion through our growing investment portfolio.”

With a strong background in global investment management spanning over two decades, Lise has previously held positions at Vital Forsikring ASA, SEB, The Norwegian Ministry of Finance, and the Royal Norwegian Embassy, Lusaka, Zambia. From 2009 to 2017 Lise served as a member of the board of CARE Norge and since June 2021 has held a board seat at Alpha Corporate Finance.

Lise holds a Master’s in Economics and Business Administration, Finance and International Strategy, from the Norwegian School of Economics (NHH).