Danske Bank announced the appointment of Philippe Vollot as chief compliance officer and as a new member of the executive board. Vollot takes up his position no later than Dec. 1, 2018.

Vollot comes to Danske Bank from Deutsche Bank, where he has worked since 2003, most recently as global head of anti-financial crime and group anti-money laundering officer. “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,” Danske Bank CEO Thomas Borgen said in a statement.

In addition to Borgen and Vollot, Danske Bank’s executive board will consist of the following members:

Carsten Rasch Egeriis, Head of Group Risk Management;

Frederik Gjessing Vinten, Head of Group Development;

Glenn Söderholm, Head of Banking Nordic;

Henriette Fenger Ellekrog, Head of Group HR;

Jacob Aarup-Andersen, Head of Wealth Management;

Jakob Groot, Head of Corporates & Institutions;

Jesper Nielsen, Head of Banking DK; and

Jim Ditmore, Head of Group Services & Group IT.

As previously announced, Christian Baltzer will join the executive board as CFO on Oct. 15, 2018.

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