Danske Bank has appointed Philippe Vollot, its chief compliance officer, to be its group chief administrative officer in charge of the bank’s compliance, financial crime prevention, and financial crime risk divisions.
Vollot will remain on the bank’s executive leadership team. In his new position, he will have all responsibilities for the overall implementation of Danske Bank’s financial crime control environment, the bank said, giving him “end-to-end ownership of our fight against financial crime across both the first and second lines of defense.”
