Tellef Thorleifsson

Chief Executive Officer · Norfund

Last updated 30 September 2026

Development capitalPrivate equityImpact investingDFI — renewable energy, financial inclusion, agribusiness & clean manufacturing (Norway/Nigeria corridor)

Tellef Thorleifsson is the CEO of Norfund, the Norwegian Investment Fund for Developing Countries, a Norwegian government-owned development finance institution (DFI) managing approximately NOK 60B+ (~$5.5B+) in cumulative AUM with offices in Oslo, Nairobi, and Lagos, dedicated to catalytic private-sector development capital in renewable energy, financial inclusion, agribusiness, and clean manufacturing. An NTNU Trondheim Industrial Economics MSc & INSEAD MBA with a 20-year Africa track record (Scatec ASA solar IPP CIO roles), Thorleifsson leads Norfund's $1B+ 2022–2026 Nigeria country-specific deployment strategy focused on solar IPPs, MFBs, and smallholder agribusiness value chains.

Stage focus

GrowthGrowth capital

Sector focus

Financial servicesRenewable energyAgribusinessManufacturing