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Aida Welker replaces Andreas Ufer at KfW IPEX-Bank

On May 1, Aida Welker will join the Management Board of KfW IPEX-Bank. She was most recently Global Head of Infrastructure.

She now succeeds Andreas Ufer, who is retiring. Welker will assume responsibility for Mobility, Infrastructure, Syndication & Treasury, Credit Management and KfW IPEX-Bank Asia.

The change within the banking group was already announced in December. “I am very much looking forward to my new role and would like to thank Andreas Ufer for his exceptional leadership and commitment during his tenure,” said Welker. “With our expertise in project and export financing, we are a reliable partner for the German and European economy. We will continue to support our customers in their transformation processes in these challenging times.”

Welker with KfW for 25 years

Welker has been with KfW Group for almost 25 years. She has many years of management experience in the areas of acquisition and structuring, credit risk management and corporate strategy. Most recently, she was Global Head of Infrastructure at KfW IPEX-Bank and was responsible for one of the bank’s four market divisions.

KfW IPEX-Bank is responsible for export and project financing within the KfW Group. By structuring medium and long-term financing for German and European exports, infrastructure investments and securing raw materials as well as environmental and climate protection projects around the world, it supports domestic companies in key industrial sectors on global markets.

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Copyright: © KfW

Caption: Aida Welker, Managing Director of KfW IPEX-Bank (© KfW)