Danske Withdraws FSA Application to Name Aarup-Andersen as CEO

Oct 17, 2018

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(Bloomberg) -- Danske Bank A/S withdrew its application to the Danish Financial Supervisory Authority to name Jacob Aarup-Andersen its new chief executive officer after the agency said a person with more experience is needed.

“The Board has noted the FSA’s reply,” Chairman Ole Andersen said in a statement. “The Board is in dialogue with other potential candidates and will now continue the recruitment process in order to find the best possible person for the position.”

To contact the reporter on this story: Frances Schwartzkopff in Copenhagen at fschwartzko1@bloomberg.net

To contact the editor responsible for this story: Jonas Bergman at jbergman@bloomberg.net

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