Bringing you live news and features since 2006 

Danske Bank appoints head of new Wealth Management unit


Danske Bank has appointed Tonny Thierry Andersen as head of the new Wealth Management unit with effect from 1 April 2016.

Andersen, who is 51 years old, has been head of Danske Bank’s Personal Banking unit since 2012. He will continue in this position as well until his replacement has been found.

Employed at Danske Bank since 1999, Tonny Thierry Andersen has held various management positions in the Group, including that of CFO. He will continue to serve on the Executive Board, as he has done since 2006.

“Wealth Management is a business area that is undergoing rapid change and holds considerable potential,” says CEO Thomas F Borgen. “The new unit encompasses our expertise within pension savings and wealth and asset management and will thus be able to drive an even stronger development of products and services. Our ambition is to offer the best solutions in the market. That requires a visionary and innovative organisation with an intense focus on our customers, and I believe Tonny Thierry Andersen is the right person to lead the unit.”

The new Wealth Management organisation begins operations today and encompasses the Danica Pension, Danske Capital and Private Banking activities. Financial reporting for the unit will take place as of Q1 2016

Latest News

BlackRock's iShares, an undisputed leader among European ETF issuers, pushed further ahead in Q1 with EUR173 billion in trades, triple..
European ETFs raised USD47.8 billion in Q1, a 15 per cent increase compared to the same period in 2023, according..
LSEG Lipper’s March report finds that globally equity ETFs (+EUR113.2 billion) enjoyed the highest estimated net inflows for the month,..
Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..

Related Articles

etf active trading
Latest Morningstar data shows actively managed ETFs’ share of the US ETF market rose to 8.5 per cent at the...
Kristen Mierzwa, FTSE Russell
Index Investments Group (IIG), a division within index provider FTSE Russell, has extended its range of indices through two new...
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by