Carsten Stendevad


Member of the Board since March 2020.

Carsten Stendevad was born in 1973 and is a Danish national located in Connecticut in the USA. He received a BSc and an MSc in Economics from the University of Copenhagen, Denmark and furthermore received an MA in Public Policy from the Kennedy School of Government, Harvard University in USA.

Over the past 20 years, Carsten Stendevad has held leadership positions at various global financial institutions. He started his career as consultant at McKinsey & Company and as analyst at the Central Bank of Denmark. Carsten Stendevad served on the Global Steering Committee of the Blended Finance Taskforce and on the Danish Committee for Corporate Governance, where he led the development of a stewardship code for institutional investors. Furthermore, Carsten Stendevad spent a decade in Citi’s Investment Banking Division in New York, rising to become Managing Director with global responsibility for Citi’s corporate finance advisory team. In 2013, Carsten Stendevad was appointed CEO of ATP, Denmark’s national pension plan.

In 2017, Carsten Stendevad joined Bridgewater and serves as Co-CIO for Sustainability, overseeing Bridgewater’s overall sustainable investing efforts including the design and oversight of investment solutions with both financial and sustainability impact objectives. He also oversees the firm’s activities in China.

In 2016, Carsten Stendevad received the Order of the Dannebrog, awarded by HM Queen Margrethe II of Denmark.

Carsten Stendevad is advisor to the GIC Investment Strategies Committee; a member of the GIC International Advisory Board; board member of Novo Holdings A/S and board member of the Danish Recapitalization Fund.

In addition to the Novo Holdings A/S Board, Carsten Stendevad serves as advisor to the GIC Investment Strategies Committee and as member of the GIC International Advisory Board. GIC is Singapore’s sovereign wealth fund. Furthermore, he serves as board member of Denmark’s Recapitalization Fund.