New member of Danske Bank’s Executive Board with responsibility for Group Compliance

Company Announcement No. 43/2018

Danske Bank hires Philippe Vollot as new member of the Executive Board and Chief Compliance Officer. This means that the Executive Board will expand by one member when Philippe Vollot takes up his position no later than on 1 December 2018.

Philippe Vollot is a law graduate from the Paris Descartes University and comes to Danske Bank from a position with Deutsche Bank, where he has worked since 2003, most recently as Global Head of Anti-Financial Crime & Group Anti-Money Laundering Officer.

"I am happy to welcome Philippe Vollot, who comes to Danske Bank with significant international experience – not least within the combating of financial crime and money laundering,” says Thomas F. Borgen, CEO. “With Philippe Vollot as new member of our Executive Board, we strengthen our competencies within compliance and anti-financial crime, which has been a focus area at Danske Bank in recent years. We believe that Philippe Vollot is the right person to head and develop this area."

Danske Bank’s Executive Board will then consist of the following members:

Thomas F. Borgen, CEO
Carsten Rasch Egeriis, Member of the Executive Board and Head of Group Risk Management
Frederik Gjessing Vinten, Member of the Executive Board and Head of Group Development
Glenn Söderholm, Member of the Executive Board and Head of Banking Nordic
Henriette Fenger Ellekrog, Member of the Executive Board and Head of Group HR
Jacob Aarup-Andersen, Member of the Executive Board and Head of Wealth Management
Jakob Groot, Member of the Executive Board and Head of Corporates & Institutions
Jesper Nielsen, Member of the Executive Board and Head of Banking DK
Jim Ditmore, Member of the Executive Board and Head of Group Services & Group IT (COO)
Philippe Vollot, Member of the Executive Board and Chief Compliance Officer.

As previously announced, Christian Baltzer will join the Executive Board as CFO on 15 October 2018.

Danske Bank


Philippe Vollot
Education
1990Postgraduate degree in private law, Paris Descartes University
1989Master’s degree in private law, Paris Descartes University
Main professional experience
2017 - Deutsche Bank, Frankfurt
Global Head of Anti-Financial Crime & Group Anti-Money Laundering Officer
2015 – 1017Deutsche Bank, Frankfurt
Global COO Compliance and Anti-Financial Crime
2011 – 2015Deutsche Bank, Dubai
Regional Chief Operating Officer, Middle East & North Africa
2006 – 2011Deutsche Bank, Paris
Country Chief Operating Officer
2005 – 2006Deutsche Bank, London
Head of M&A Legal UK – General Counsel France
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