The Danske Bank Group will change its organisation in order to strengthen
customer service.
New member of the Executive Board
Managing Director Georg Schubiger (42) is appointed Chief Operating Officer
(COO) and member of the Executive Board with effect from 1 October 2010.
Georg Schubiger, currently the head of Group Business & Product Development,
will add the activities of the Group's Shared Services Centre to his
responsibilities in the fourth quarter of 2010. The purpose of this change is
to concentrate overall responsibility for customer service, and product and IT
development.
Sven Lystbæk, Member of the Executive Board and head of the Shared Services
Centre for the past six years, will reach the age of 60 in 2011 and has decided
to retire. He will step down from the Executive Board on 31 December 2010.
Until the end of 2011, Sven Lystbæk will oversee selected projects within the
Group.
Tonny Thierry Andersen, Member of the Executive Board and Chief Financial
Officer (CFO), is appointed head of Danske Bank Denmark. The Group will appoint
a new CFO to succeed Tonny Thierry Andersen once the selection process has been
completed. In the interim, Executive Vice President Lars Andreasen will serve
as acting CFO.
Henrik Normann, Managing Director of Danske Bank Denmark for the past four
years, will take over as head of Danske Markets, while Steen Blaafalk, Managing
Director, will take over responsibility for Group Treasury. With this change,
the Group places the management of its liquidity, balance-sheet risk and
proprietary trading in a separate department.
Global Corporate Banking department
In future, the Danske Bank Group will serve its large corporate and
institutional customers through a new Corporate Banking department. The
department will also include the Group's corporate finance activities and will
thus assume global responsibility for providing the Group's products and
services to large corporate customers and institutional clients.
The Danske Bank Group welcomes Mikael Ericson (50) as its head of Corporate
Banking. Mikael Ericson is appointed Managing Director and a member of the
Executive Committee. Mikael Ericson's career includes positions at Carnegie
Investment Bank and Svenska Handelsbanken.
New Credits organisation
To reflect the new organisational structure of the Danske Bank Group, the
activities of Group Credits, headed by Member of the Executive Board Per
Skovhus, will be divided into four specialist departments.
Jakob Nørgaard will head Credit Corporate Banking that will function as the
credit organisation of Corporate Banking and Financial Institutions, including
Danske Markets. Jakob Nørgaard is appointed Executive Vice President.
Lise Gronø will head Central Credits, Banking Activities that will function as
the credit organisation of the Group's banking activities. Lise Gronø is
appointed Executive Vice President.
Bo Sonne Ravn, Senior Executive Vice President will head Credit Portfolio
Management that will provide the Group's credit organisation, risk management,
and the Executive Board and Board of Directors with credit analyses.
Sune Visti Petersen will head Credit Methods & Process. The department will
continue the development of credit processes and methods that make day-to-day
business faster and easier for customers, for example online credit approval.
Sune Visti Petersen is appointed Executive Vice President.
Henrik Hoffmann, Executive Vice President, will take over as new head of the
Credits department of Danske Bank Denmark, from Senior Vice President Peter
Fløe, who has de-cided to retire.
“The organisational changes reflect Danske Bank's commitment to strengthening
our expertise and focus to match the requirements of our individual customer
groups,” says Peter Straarup, CEO of Danske Bank. “We want all our customers,
personal customers as well as large corporate customers, to feel that we
provide a dedicated service that matches their individual needs.”
With these organisational changes, the Executive Board will have the following
members as per 1 October 2010:
Peter Straarup, Chairman
Tonny Thierry Andersen (Danske Bank Denmark)
Thomas F. Borgen (International Banking Activities, Danske Markets, Corporate
Banking and Group Treasury)
Sven Lystbæk (until 1 January 2011)
Georg Schubiger (Group Business Development and Shared Services Centre)
Per Skovhus (Group Credits)
The Executive Committee will, in addition to the Executive Board members, have
the following members:
Steen Blaafalk, Group Treasury
Mikael Ericson, Corporate Banking
Eva Hald, Group Communications
Ilkka Hallavo, Sampo Bank, Finland
Helle Havgaard, Group HR
Andrew Healy, National Irish Bank, Ireland
Mads Jacobsen, chairman of the boards of directors of the Baltic units
(associate member)
Gerry Mallon, Northern Bank, Northern Ireland
Trond Mellingsæter, Fokus Bank, Norway
Niels-Ulrik Mousten, Danske Capital
Lars Mørch, Danske Bank Sweden
Henrik Normann, Danske Markets
Peter Rostrup-Nielsen, Group Risk
The organisational changes will be implemented during the fourth quarter of
2010.
