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

Last updated/revised on October 12, 2007