Concordium Teams, Foundation Board and Advisory Board.
Concordium Blockchain Research Center Aarhus, Aarhus University
Concordium’s protocol is deeply rooted in the latest scientific research, developing cutting-edge cryptographic tools. The science team at the Concordium Blockchain Research Center Aarhus continues to unlock technological advances.
Professor Ivan Damgård is one of the world’s top-cited published researchers in cryptography. Within the blockchain community, Damgård is the co-inventor of the Merkle-Damgård-construction — the cryptographic hash function that all blockchains rely on in one form or another. He is a fellow of the International Association for Cryptologic Research (IACR) and, in 2015, he received the RSA Award for Excellence in Mathematics, which recognized Damgård as an innovator and for his lifetime achievements in the field of cryptography. Damgård received his PhD in Computer Science from Denmark’s Aarhus University, where he currently serves as a professor.
Jesper Buus Nielsen
Professor Jesper Buus Nielsen is Concordium’s Chief Scientific Advisor, COBRA’s center leader, and a Professor of Computer Science at Aarhus University in Denmark. As the author of over 70 scientific publications, he is a leading expert on secure multiparty computation and has been the program committee chair for the Theory of Cryptography Conference and the Eurocrypt Conference. Most notably, he is co-author of Secure Multiparty Computation and Secret Sharing — widely regarded as a seminal work on privacy in distributed computing environments. He is a member of the Cryptography Group in the Department of Computer Science at Aarhus University. Buus Nielsen holds a PhD in Computer Science from Aarhus University.
Claudio Orlandi is an Associate Professor at Aarhus University and Work Package Leader for cryptography at COBRA. His research areas include secure multiparty computation, foundations of cryptographic computing, data analytics, and cybersecurity. Prior to this, he worked as a postdoc at Aarhus University and at Bar-Ilan University in Tel Aviv. Orlandi graduated with an MEng in Computer Engineering before obtaining his PhD in Computer Science from Aarhus University with renowned cryptographers Ivan Damgård and Jesper Buus Nielsen as advisors.
Bas Spitters is an Associate Professor at Aarhus University and Work Package Leader for formal verification and smart contracts at COBRA. His research areas include computer-aided proofs in cryptography, logic, semantics, and type theory. Spitters holds a PhD in Mathematics from Radboud University Nijmegen, Netherlands. Spitters has held positions in Nijmegen, Chalmers, Paris-Sud, Carnegie Mellon University and was a member of the Institute for Advanced Study at Princeton University.
Diego F. Aranha
Diego F. Aranha is an Assistant Professor in the Department of Engineering at Aarhus University, where he is also affiliated to COBRA and DIGIT. His professional experience is in Cryptography and Computer Security, with a special interest in the efficient implementation of cryptographic algorithms and security analysis of real-world systems. He received the Google Latin America Research Award for research on privacy twice, and the MIT TechReview’s Innovators Under 35 Brazil Award for his work in electronic voting.
Danil Annenkov is a postdoc at the Concordium Blockchain Research Center, Aarhus University working on formal verification of smart contracts. His research areas include programming language semantics, formal verification, proof assistants and type theory. Danil Annenkov received his PhD degree in Computer science from the University of Copenhagen, Denmark in 2018. After receiving his PhD degree, Annenkov was a postdoc researcher at INRIA Nantes, France, where he worked on extending the Coq proof assistant with new reasoning principles.
Søren Eller Thomsen
Søren Eller Thomsen is a PhD student at Aarhus University in the Logic and Semantics group and part of the Concordium Blockchain Research Center at Aarhus University. He has a broad range of research interests including formal verification, distributed systems, and information flow control. Specifically, is he currently working on developing a new consensus algorithm and meanwhile trying to formally verify existing consensus protocols.
Benjamin S. Hvass
Benjamin S. Hvass is a Ph.D. student at the Department of Engineering, Aarhus University, supervised by Bas Spitters and Diego F. Aranha.
His research is on high-insurance cryptography and involves formally verifying functional correctness and security of cryptographic primitives. Benjamin holds a M.Sc. in Mathematics from Aarhus University.
Bernardo Magri is a post-doc researcher at Aarhus University. He completed his Ph.D. in computer science at Sapienza University of Rome in 2017, where he worked mostly on blockchain technology and backdoors in cryptographic primitives. His research interests spans over all aspects of cryptography, including but not limited to subversion attacks, key-exchange, blockchain technology, secure computation and etc.
Jakob Botsch Nielsen
Jakob Botsch Nielsen is a PhD student at Aarhus University in the Logic and Semantics group and part of the Concordium Blockchain Research Center at Aarhus University. As part of the center he and his coworkers research smart contracts and develop new techniques for formalizing and verifying the execution of smart contracts on blockchains. Smart contracts are small programs that can govern cryptocurrencies worth several million dollars, so it is important to have techniques that can ensure their correctness. More generally Jakob’s interests lie within type theory, proof assistants and algorithms, and in understanding how these can be applied to practical cases.
IT University of Copenhagen
IT University of Copenhagen is one of Denmark’s leading universities on IT research and education. Bernardo David, an ITU associate professor, collaborates closely with Concordium on consensus protocols and multiparty computation.
Bernardo David is an Associate Professor in the Computer Science Department of the IT University of Copenhagen (ITU), working on cryptographic protocols for multiparty computation and blockchain applications. He holds a PhD in Computer Science from Aarhus University and has previously worked as an Assistant Professor at the Tokyo Institute of Technology. Bernardo has published over 30 articles in scientific journals and conferences. Among his main contributions is Ouroboros, the first provably secure protocol for proof-of-stake blockchains. He is a member of the Center for Information Security and Trust (CIST) at ITU.
Concordium have a team of outstanding software engineers.
Chief Technology Officer
Torben Pryds Pedersen
Torben Pryds Pedersen is Concordium’s CTO. He was previously head of Cryptomathic’s R&D division. Pryds Pedersen holds an MS in Computer Science and a PhD in Computer Science (Cryptology) from the University of Aarhus. He has carried out extensive research in cryptographic protocols and participated in several EU projects related to electronic payment. He has been a visiting researcher at the University of Essen, Germany and CWI in Amsterdam, Netherlands. Pryds Pedersen has also been an active member of the program committees of several software certification organizations.
The commercial and operational team at Concordium consists of business leaders with global enterprise experience across multiple disciplines, industries and from the highest levels of government.
Chief Executive Officer
Lone Fønss Schrøder
Lone Fønss Schrøder is CEO of Concordium. With extensive executive experience ranging from large-cap companies in aviation, biotech, retail, automotive, oil & gas, and shipping to banks and capital markets, Fønss Schrøder is also co-founder of the bank-fintech company Cashworks, Vice Chairman of Volvo Cars, and a Director at IKEA. She spent 22 years at A.P. Moller-Maersk — the world’s largest shipping company — serving as Senior Vice President and founding Maersk Procurement and Star Air. In 2005, she was appointed President of Wallenius Lines, a leading provider of global factory-to-dealer transport solutions and terminal facilities for the automotive industry. Fønss Schrøder holds an MSc in Business Administration and Economics from Copenhagen Business School and a Master in Law (LLM) from the University of Copenhagen and Blockchain Technologies program from the MIT Sloan School of Management.
Chief Financial Officer
Jørgen Hauglund is the CFO of Concordium and has extensive experience in the fields of financial planning, accounting, budgeting, controlling, and reporting from positions in a number of large Danish corporations, including Saxo Bank, ISS, Sydbank, A.P. Moller–Maersk, and the East Asiatic Company. He has worked for several years as a consultant focusing on financial management, shareholder value concepts, and corporate documentation/compliance. In addition, Hauglund has held senior management positions in investment companies focusing on shipping and real estate transactions. He holds an MS in Economics and an Executive MBA from the Copenhagen Business School, Denmark.
Chief Operational Officer
Peter Thomsen is the COO of Concordium and comes with over 20 years of enterprise experience. Before joining Concordium Thomsen held executive positions in large industrial companies in addition to several years in consulting and private equity. Thomsen spent eight years at A.P. Moller-Maersk in China, France, and South Korea. He worked for several years as a management consultant at McKinsey & Co. servicing clients in primarily FMCG within supply chain. Thomsen worked seven years at Ørsted as an executive among others overseeing the green transformation of its fleet of power plants. Last, Thomsen was part of the management team that built private equity-owned AniCura to Europe’s leading group of veterinarian hospitals group. Peter has a Master in Law (LLM) from the University of Copenhagen, Denmark.
Henrik B. Sanders serves as an advisor to Concordium. Henrik has experience and expertise on regulatory issues due to his professional background as an attorney-at-law. In addition to his commitment to Concordium, Sanders is Partner and Chairman of the Board with Mazanti-Andersen Korsø Jensen Law firm and is admitted to the Supreme Court in Denmark. Sanders primarily works with mergers and acquisitions and has been the legal advisor in several substantial transactions on behalf of both buyers and sellers, including private equity funds in connection with the acquisition and sale of companies. Additionally, Sanders works with general business law and provides advice to several companies. Sanders holds a Master in Law (LLM) from the University of Copenhagen.
Global Political Advisor
Anders Samuelsen is Global Political Advisor and liaison officer at Concordium. He previously served as Minister of Foreign Affairs of Denmark and spearheaded the Danish Foreign Office’s appointment of the world’s first Tech Ambassador to engage Silicon Valley tech startups and promote emerging technology investment in Denmark. He was also the co-founder and leader of the Center-right Ny Alliance (Liberal Alliance) party and a Member of the European Parliament, sitting on the European Parliament’s Committee on Budgets from 2004 until 2007. Samuelsen has written and co-authored several books on Danish and international politics, including One Union, Many Voices: The EU Meets the People. He holds a MSc in Political Science from Aarhus University.
Head of Communication
Alette Pramming is Concordium’s Head of Communication and has a proven track record and vast experience in corporate communications and building global brand awareness. She has extensive knowledge in corporate communication, media relations, corporate branding, annual reporting, investor relations, public affairs, and CSR. She has held senior communication positions at Novo Nordisk and was a director in one of the world’s largest PR agencies, Ogilvy. Alette has an MS in PR from the University of Roskilde, Denmark.
Jacob Pounecy is part of the market strategy team at Concordium. He has experience in venture philanthropy, investment banking, and startup environments. He has always had a knack for technology and enjoys bridging business use cases for emerging technologies. A member of the crypto community since before Mt Gox, he continues to study the sector daily. He holds an MS in Economics and Business Administration from the Copenhagen Business School, Denmark.
Concordium Foundation Board
The Concordium Foundation board consists of our founders and highly reputed professionals.
Lars Seier Christensen
Lars Seier Christensen is Chairman of the Swiss non-profit Concordium Foundation. With over 30 years of experience across the banking and financial sector, Seier Christensen is a global pioneer in FX and derivatives trading, having co-founded the online trading and investment platform Saxo Bank in 1992. He served as co-CEO of Saxo Bank for more than 20 years, in which time the bank grew to 1,500 employees across 150 locations serving customers in 170 countries. SaxoTrader, the bank’s flagship online trading offering, was launched in 1998 and was one of the first online FX trading platforms in the world. SaxoTrader has since grown to become one of the world’s most complete multi-asset trading platforms. Seier Christensen is also the founder and sole owner of Seier Capital, a private equity and venture capital firm which specializes in investments in angel, seed, and A-round stage companies. The firm invests in art & fashion, financial services, food and beverages, sports & entertainment, social media, and technology industries.
Professor, ETH Zurich
Professor Ueli Maurer is a Science Advisor and a Concordium Board Member. He serves as Professor of Computer Science and Head of the
Information Security and Cryptography Research Group at the Swiss Federal Institute of Technology Zurich (ETH Zurich), where his research interests include cryptography in both theory and applications, information security, theoretical computer science, information theory, and discrete mathematics. Maurer obtained his PhD in electrical engineering at ETH Zurich in 1990 and was subsequently a DIMACS Fellow at Princeton University. He is best known for his work on information-theoretic cryptography, the security analyses of the Diffie-Hellman protocol and the RSA system, inventing the indifferentiability concept, extended work on secure multi-party computation, developing a universal statistic test for random bit generators, and his work on constructive cryptography — a unified theory for cryptographic security proofs. He has been named a Fellow of the International Association for Cryptologic Research, a Fellow of the IEEE, and a Fellow of the Association for Computing Machinery (ACM). In 2013, he received the Vodafone Innovation Award for Mobile Communications and in 2016 received the RSA Award for Excellence in Mathematics. Maurer also served as Editor-in-Chief for the Journal of Cryptology from 2002-2010.
Simone Monnerat is a board member of the Concordium Foundation. She is an attorney-at-law and civil law notary and she works as partner at memo.law in Zug, Switzerland. She specializes in foundation, corporate and notarial law. Due to her profound expertise in Swiss foundation law and governance matters in particular together with her long standing interest in digitalization and technology she found herself immersed in different blockchain projects in the international melting pot of the Crypto Valley in Zug.
Partner, Moalem, Weitemeyer and Bendtsen
Bjørn Krog Andersen
Bjørn Krog Andersen is a board member of the Concordium Foundation. He is a partner of the law firm Moalem, Weitemeyer and Bendtsen in Copenhagen, Denmark. He has extensive regulatory and compliance expertise and advises fintech, regtech and blockchain companies in his practice in addition to VC- and PE-related M&A work. Andersen was General Counsel of Saxo Bank Group for six years, heading its legal, regulatory, and compliance departments globally. This expertise provided him with a deep understanding and insights into regulatory concerns and worldwide obligations within ID/KYC and investor protection related topics.
Concordium Advisory Board
Concordium Foundation’s advisory board is made up of highly esteemed experts and former leaders of influential organizations including the Danish government, NATO, NASDAQ, and Mastercard.
Former Secretary-General of NATO and Prime Minister
Anders Fogh Rasmussen
Anders Fogh Rasmussen serves as an advisor to Concordium. Mr. Rasmussen served three terms as Prime Minister of Denmark from 2001 to 2009 and previously held other high-profile positions in the Danish government, including Minister for Taxation and Minister for Economic Affairs. Following his tenure as Prime Minister, Mr. Rasmussen was appointed Secretary-General of NATO, where he served for five years before stepping down in 2014. Mr. Rasmussen is the Founder and CEO of Rasmussen Global, an international political consultancy dedicated to issues around democracy, transatlantic
Former Vice-chair of NASDAQ and FCSE Chair
Hans-Ole Jochumsen serves as an advisor to Concordium. Mr. Jochumsen brings deep insights and expertise on regulatory issues relating to global exchanges and trading. Prior to Concordium, Mr. Jochumsen was the President and an executive member of OMX, which was acquired by Nasdaq in 2008. Mr. Jochumsen then spent 10 years in various executive positions at Nasdaq, eventually serving as President of Global Trading and Market Services from March 2014 and December 2016 and as European Vice Chairman from January 2017 until his retirement in 2018. Other previous positions include the Chairmanship of the Federation of European Securities Exchanges (FESE) and President and CEO of Copenhagen Stock Exchange and FUTOP Clearing. Mr. Jochumsen is also currently a Board Member of Nykredit, the Chairman of Nordax Bank AB, and a Senior Advisor at Alkymi. Jochumsen holds a Master of Science in Economics from the University of Copenhagen.
Board Member of Kenzi Wealth
Claus Nielsen serves as an advisor to Concordium. Mr. Nielsen brings expertise from online trading, sales trading, and execution. Mr. Nielsen was previously an executive member of the Saxo Bank management team for 15 years as a specialist in online trading and investment. Mr. Nielsen had an instrumental role in building and supporting Saxo Bank’s platform with 40,000 tradable instruments across four asset classes, including risk management and analysis. Mr. Nielsen also held global responsibility for Saxo Bank’s Sales Trading team, servicing the bank’s 2,000 most significant accounts, UHNW, family offices, and institutional clients. He is also currently a Board Member of Kenzi Wealth, advisory board at Calculo Capital (Commodity fund in Copenhagen), board member of Scale Capital Fund, and investor in Zwift and other startups.
EVP, Global Strategy and Solutions, Mastercard
Peter Klein serves as an advisor to Concordium. Mr. Klein has over 20 years of leadership and business management experience in banking, technology, and fintech. He is currently leading Mastercard’s payment strategy focused on redefining MasterCard’s role and position in global non-card payments. Mr. Klein was previously President, Global Head of FX Payments at Earthport Plc, a world-leading fintech company specializing in low-value cross-border payments. Before shifting his focus to payments and fintech, Mr. Klein spent numerous years on the banking side, leading and growing global clearing, FX and prime brokerage businesses and teams at Bank of America Merrill Lynch and JP Morgan. He spent nine years with Citibank, establishing and running several of its high-growth electronic trading platform businesses across multiple regions including Scandinavia, Australia, and the UK. Mr. Klein holds a master degree in Management and Finance from Macquarie University, Sydney (2004).
Professor, ETH Zurich
Hans Gersbach serves as an advisor to Concordium. Dr. Gersbach is currently Professor of Macroeconomics, Innovation and Policy at ETH Zurich, where his research areas include: Macroeconomic Thinking and Economic Policy; Innovation, the Engines of Growth and Long-term Well-being; and Design of New Democratic Institutions. Dr. Gersbach was previously a visiting professor at the Bendheim Center for Finance at Princeton University and a professor at the University of Heidelberg, where he worked for over a decade. Dr. Gersbach is a Member and Former Chairman of the Scientific Advisory Board of the German Federal Ministry for Economic Affairs and Energy, Berlin, a member of the Scientific Advisory Board of the Max Planck Institute for Intellectual Property and Competition Law, Munich, and a member of the ifo Scientific Advisory Council and Acting CESifo Council, Munich. Dr. Gersbach is also a research fellow of CEPR (Centre for Economic Policy Research), London.
Professor, ETH Zurich
Roger Wattenhofer serves as an advisor to Concordium. Mr. Wattenhofer is a full professor in the Information Technology and Electrical Engineering Department at ETH Zurich, where he also received his doctorate in Computer Science. He had stints at Brown University in Providence, RI and Microsoft Research in Redmond, WAbefore returning to ETH Zurich, originally as an assistant professor in the Computer Science Department. Wattenhofer’s research interests are in a variety of algorithmic and systems aspects in computer science and information technology, currently in particular wireline and wireless networks, distributed systems, and physical algorithms. He publishes in different communities: distributed computing, networking, and theory of computer science.
Paul Docherty serves as an advisor to Concordium. Mr. Docherty is a Director and co-founder of Portcullis. He has spent over two decades within the Information Security, or now more commonly called the Information Assurance industry. Over those decades he has championed excellence of service, constantly promoted improvement and awareness in IA/ITSEC, striving to promote the importance and necessity of subject matter knowledge with individuals who can deliver services that require the application of intelligence, rather than purely automation.