Executive BoardExecutive Board


The Executive Board is responsible for the day-to-day management of the Group.

The duties of the Executive Board include the following:

  • performing the day-to-day management of the Group at the highest level
  • approving significant business transactions, including credit authorisations up to a certain level
  • setting forth policies for and conducting supervision of the Group's risk management
  • reporting to the Board of Directors
  • ensuring sound bookkeeping and asset management
  • preparing drafts of the annual, half-year and quarterly financial reports
  • submitting cases to the Board of Directors and performing specific directives of the Board of Directors

The Executive Board members sit on a number of boards of subsidiaries and other companies. In addition, the Executive Board members sit on the Executive Committee, which functions as a co-ordinating forum across the Group.
See Executive Committee

The current Executive Board
Peter Straarup Peter Straarup
Born in 1951
Chief Executive Officer
Chairman of the Executive Board and Committee
Hired in 1968
Education: Diploma in Business Administration
Tonny Thierry Andersen Tonny Thierry Andersen
Born in 1964
Chief Financial Officer
Hired in 1999
Education: Master of Business Administration
Svend Lystbæk Sven Lystbæk
Born in 1951
Head of Shared Service Centre
Hired in 1983
Education: Master of Science (Economics)
Per Damborg Skovhus Per Damborg Skovhus
Born in 1959
Head of Credit
Hired in 1979
Education: Master of Laws

Last updated/revised on October 12, 2007
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Corporate Governance
Holmens Kanal 2-12
1092 Copenhagen K, Denmark
Tel.: +45 33 44 00 00

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Management's presentations
See the accounting and investor presentations made by Group management.

Presentations
Executive Board's remuneration
Read about the Executive Board's remuneration.

Executive Board's remuneration