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.
Read about the Executive CommitteeThe Executive Board consists of
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Peter Straarup Born in 1951 Chief Executive Officer Chairman of the Executive Board and Executive Committee Hired in 1968 Education: Diploma in Business Administration |
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Tonny Thierry Andersen Born in 1964 Chief Financial Officer Hired in 1999 Education: Master of Business Administration |
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Thomas F. Borgen Born in 1964 Head of International banking activities and Danske Markets Hired in 1997 Education: Master of Business Administration |
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Sven Lystbæk Born in 1951 Head of Group Shared Services Centre Hired in 1983 Education: Master of Science (Economics) |
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Per Damborg Skovhus Born in 1959 Head of Group Credits Hired in 1979 Education: Master of Laws |
Last updated on February 4, 2010