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New head of C&I at Danske Bank

Company Announcement no. 26/2013

Danske Bank has appointed Glenn Söderholm (aged 49) Head of Corporates & Institutions (C&I) and a member of the Bank’s Executive Board with effect on 1 November 2013. In this position, Glenn Söderholm succeeds Thomas F. Borgen, who was appointed chief executive officer of Danske Bank in September this year.

Glenn Söderholm has been part of the management team of C&I and has most recently been responsible for the business relationships with Danske Bank’s largest clients. Söderholm has been with Danske Bank since 1998 when he joined the Bank’s Markets unit in his native country, Sweden. Before then, Glenn Söderholm has held a number of positions, including positions at SEB and Handelsbanken, two Swedish banks. He has been working in Denmark since 2007 when he joined the management team at Markets.

As head of Corporates & Institutions and a member of Danske Bank’s Executive Board, Glenn Söderholm will have the overall responsibility for Danske Bank’s largest clients – both corporate and institutional clients. C&I also includes Danske Bank Markets and Transaction Banking.

"With his extensive experience, Glenn is well suited to head C&I," says Thomas F. Borgen, Danske Bank’s CEO. "Add to this his professional competencies, leadership skills and constant focus on the client, and we have exactly the qualifications needed to deliver on the ambitious targets in C&I’s strategy."

After the appointment, Danske Bank’s Executive Board has the following members:

Thomas F. Borgen, CEO and Chairman of the Executive Board
Glenn Söderholm, Head of Corporates & Institutions
Lars Stensgaard Mørch, Head of Business Banking
Tonny Thierry Andersen, Head of Personal Banking
Henrik Ramlau-Hansen, Head of Group Finance & Legal
Robert Endersby, Head of Group Risk Management

Curriculum Vitae for Glenn Söderholm
Date of birth: 26 July 1964
Hired: 1998

2013-        , Head of Corporates & Institutions
2013-2013, Global Head of CIB (Corporate & Institutional Banking)
2012-2013, Global Co-Head of Danske Bank Markets
2007-2012, Global Head of TFM Sales and Products, Deputy Head of Danske Markets
2002-2006, Head of Danske Markets Sweden
1998-2002, Head of Sales Danske Markets Sweden
1997-1998, Head of Sales Svenska Handelsbanken
1996-1997, Head of Fixed Income Sales SEB
1993-1996, Head of Sales Consensus Fondkommission
1992-1993, Fixed Income Sales SEB
1991-1992, Project Finance SEB

Formal training:
2010, Senior Executive Program, London Business School
1990, Bachelor of Business Administration, Stockholm University
Danske Bank A/S

Thomas F. Borgen, Chief Executive Officer, tel. +45 45 14 60 01
Kenni Leth, Head of Press Relations, tel. +45 45 14 56 83 / +45 51 71 43 68