Danish authorities block appointment of new boss at Danske Bank

Danish authorities have blocked the appointment of a new chief executive officer at Danske Bank, applying further strain on the firm which is currently reeling from a $200bn (£176bn) money laundering scandal, involving suspicious Russian money.

The Danish Financial Supervisory Authority (FSA) has refused the appointment as chief executive of Jacob Aarup-Andersen, the bank’s head of wealth management, due to a lack of experience, Danske Bank revealed in a statement yesterday.

As a result of this, the bank has said it has withdrawn the application and will continue its search for a new chief executive.

    Share Story:

Recent Stories


FREE E-NEWS SIGN UP

Subscribe to our newsletter to receive breaking news by email.


Specialist FTB and BTL markets
Adam Cadle talks to Vida Homeloans director of sales - mortgages Louisa Sedgwick about the specialist first time buyer and buy to let markets