Danske Bank appoints Group COO

Company Announcement No. 6/2014

Danske Bank has appointed Jim Ditmore as Group COO and member of the Executive Board with effect from 21 April 2014.

Jim Ditmore, who is an American, currently holds the position of Chief Technology Officer, Senior Vice President, at Allstate Insurance, Chicago, Illinois, with responsibility for Technology Infrastructure and IT Operations, Architecture and Data.

At Danske Bank, Jim Ditmore will be in charge of Group IT and Group Services.

"Jim Ditmore has long experience with IT development and operations in large financial services companies," says Thomas F. Borgen, CEO of Danske Bank. "He will play an important role in our efforts to achieve our ambition of becoming the preferred financial partner for our customers, and I am looking forward to welcoming him to Danske Bank."

"In the years to come, we must strengthen Danske Bank’s position as the bank with the most innovative and customer-friendly digital solutions for both personal and business customers. We must also be more flexible and efficient to ensure that we can quickly adapt to the changing market and can meet customers’ expectations of fast and flexible services."

With the appointment, Danske Bank’s Executive Board will have the following members:

Thomas F. Borgen, CEO
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 (resigns at the end of 2014, at the latest, according to company announcement No. 4 of 4 March 2014)
Jim Ditmore, COO

Curriculum vitae of Jim Ditmore

Aged: 53

Recent positions:
February 2012 - : Allstate Insurance, Chicago, Illinois
Chief Technology Officer, Senior Vice President

December 2008: Barclays, London
CIO Global Retail and Commercial Bank

August 2004: Wachovia Bank, Charlotte, North Carolina
CTO Enterprise Technology

July 2001: Bank One Corporation/JPMC, Columbus, Ohio
Senior Vice President Enterprise Technology

March 1999: Ameritrade, Omaha, Nebraska
CIO

Training:
1982: Bachelor of Science, Mathematics & Computer Science, College of William and Mary Williamsburg, USA

 

Danske Bank A/S

Contact:
Kenni Leth, Head of Press Relations, tel. +45 45 14 56 83/+45 51 71 43 68