Our management
We have a diverse senior management group made up of people with international backgrounds and solid leadership experience, and they draw on expertise from a wide range of industries in the markets where Danske Bank operates.
We have a diverse senior management group made up of people with international backgrounds and solid leadership experience, and they draw on expertise from a wide range of industries in the markets where Danske Bank operates.
Meet the Executive Board
How we're organised
Remuneration
Our Remuneration Policy reflects the objectives of good corporate governance and sustained, long-term value creation for shareholders. In our remuneration report, we describe the principles for remuneration at Danske Bank and disclose variable, performance-based compensation for material risk takers. The full remuneration of the members of the Executive Board depends on Danske Bank's performance, while the Board of Directors' remuneration is fixed.
Meet the Board of Directors
The Board of Directors defines the general principles for Danske Bank's operations. Its key responsibilities include assessing strategic risks and opportunities and appointing the Executive Board. The Board has eight members elected by the general meeting and four members elected by our employees.
Karsten Dybvad
Chairman
See CV
Elected by the Extraordinary General Meeting in 2018.
Chairman of the Remuneration Commitee and member of the Nomination and Risk Committees.
Jan Thorsgaard Nielsen
Vice Chairman
Carol Sergeant
Vice Chairman
See CV
Elected by the AGM in 2013. Chairman of the Risk Committee and member of the Nomination Committee.
Elected by the AGM in 2013. Chairman of the Risk Committee and member of the Nomination Committee.
Ingrid Bonde
Board member
Lars-Erik Brenøe
Board member
See CV
Elected by the AGM in 2016. Chairman of the Nomination Committee.
Elected by the AGM in 2016. Chairman of the Nomination Committee.
Jens Due Olsen
Board member
See CV
Elected by the AGM in 2018.
Chairman of the Audit and Risk Committees.
Rolv Erik Ryssdal
Board member
See CV
Elected by the AGM in 2014. Member of the Remuneration Committee.
Elected by the AGM in 2014. Member of the Remuneration Committee.
Charlotte Hoffmann
Board member
See CV
Elected by the employees in 2006. Member of the Remuneration Committee.
Elected by the employees in 2006. Member of the Remuneration Committee.
Committees
The Board of Directors has set up four committees to supervise specific areas and prepare cases for consideration by the entire Board.
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Audit Committee
The Audit Committee operates as a preparatory committee for the Board of Directors with respect to Danske Bank’s accounting and auditing matters, including related risk matters. This also includes issues that the Board, the Committee itself, the Chief Audit Executive or the external auditor believe require preparatory work before being brought to the entire Board.
Members:
- Jens Due Olsen (chairman)
- Jan Thorsgaard Nielsen
- Ingrid Bonde
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Nomination Committee
The Nomination Committee operates as a preparatory committee for the Board of Directors with respect to the nomination and appointment of candidates to the Board of Directors and to the Executive Board and evaluation of the work and performance of the Executive Board and the Board of Directors including individual evaluation of each member of the Board of Directors.
The committee also submits proposals to the Board of Directors on policies for succession planning as well as diversity and inclusion.Members:
- Lars-Erik Brenøe (chairman)
- Carol Sergeant
- Karsten Dybvad
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Remuneration Committee
The Remuneration Committee operates as a preparatory committee for the Board of Directors with respect to matters concerning remuneration, with focus on the remuneration of members of the Board of Directors, the Executive Board, material risk takers, key employees and executives in charge of control and internal audit functions, and on incentive programmes. The Remuneration Committee monitors trends in the Group's salary and bonus policies and practices. It monitors the incentive programmes to ensure that they promote ongoing, long-term shareholder value creation as well as compliance with the Remuneration Policy.
Members:
- Karsten Dybvad (chairman)
- Charlotte Hoffmann
- Rolv Erik Ryssdal
- Hilde Tonne
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Risk Committee
The Risk Committee operates as a preparatory committee for the Board of Directors with respect to Danske Bank’s risk management and related matters. The committee advises the Board of Directors on Danske Bank’s risk profile, risk culture, risk appetite, risk strategy and risk management framework.
Members:
- Carol Sergeant (chairman)
- Karsten Dybvad
- Ingrid Bonde
- Jens Due Olsen
Board of Directors 2018 meetings
The Board of Directors met 23 times in 2018
* At the constitution meeting after the Annual General Meeting, Ole Andersen had press interviews.
Members | Meetings attended in 2018 |
| Karsten Dybvad | 1/1 (joined as chairman in December 2018) |
| Jan Thorsgaard Nielsen | 1/1 (joined as vice chairman in December 2018) |
| Carol Sergeant | 23/23 (vice chairman from March 2018) |
| Ingrid Bonde | 18/20 (joined the Board of Directors in March 2018) |
| Lars-Erik Brenøe | 23/23 |
| Jens Due Olsen | 19/20 (joined the Board of Directors in March 2018) |
| Rolv Erik Ryssdal | 20/23 |
| Hilde Tonne | 22/23 |
| Bente Bang | 20/20 (joined the Board of Directors in March 2018) |
| Kirsten Ebbe Brich | 21/23 |
| Thorbjørn Lundholm Dahl | 20/20 (joined the Board of Directors in March 2018) |
| Charlotte Hoffmann | 22/23 |
| Ole Andersen | 21*/22 (left as chairman in December 2018) |
| Urban Bäckström | 3/3 (left as vice chairman in March 2018) |
| Jørn P. Jensen | 18/22 (left the Board of Directors in December 2018) |
| Martin Tivéus | 1/3 (left the Board of Directors in March 2018) |
| Dorte Annette Bielefeldt | 3/3 (left the Board of Directors in March 2018) |
| Carsten Eilertsen | 2/3 (left the Board of Directors in March 2018) |
* At the constitution meeting after the Annual General Meeting, Ole Andersen had press interviews.
