Board committeesBoard committees

The Board of Directors has created several committees that supervise specific areas or prepare issues that are later considered by the full Board.

As stipulated by Danish law, these committees are not authorised to make independent decisions.

The committees report to the full Board regularly. They do not affect the Board's or the Executive Board's authority or responsibilities. This is also true for other Group companies' authority and responsibilities under Danish company law.

Four board committees; audit, credit, salary and bonus and nomination comittees.

Last updated/revised on April 10, 2008

  • Print page
  • Sitemap
  • Bookmark page
  • Send this page
  • Rate this page

Contact usContact us

Corporate Governance
Holmens Kanal 2-12
1092 Copenhagen K, Denmark
Tel.: +45 33 44 00 00

See contact personsSee direction mapMore contact info
 
The Audit Committee examines accounting and security issues. These are issues that the Board, the Committee itself, the group chief auditor or the external auditor thinks deserve attention before they are brought before the full Board.

Read the charter for the Audit Committee.
Charter(PDF 16 kb)

The committee consists of:

All members have been elected at the annual general meeting and are viewed as being independent.

2007
The Audit Committee met on three occasions during the year to discuss audit reports on the annual report for 2007 and the interim report for the first half of 2007 and auditing tasks during the year as well as audit planning and budgets for 2008. 

Learn moreLearn more

External auditor selection
According to Danish law, external auditors are appointed by the general meeting.

Read more about the standing items on the agenda of the annual general meeting.

Read about the general meeting
Remuneration
See information about the remuneration of the Board of Directors.

Remuneration