Chaos in Sydbank: Chairman and vice-chairman retires

One-third of the board of directors of Sydbank including the president and vice-president have resigned. It informs the bank in a communication to the stock exc

Ann McDonald
Ann McDonald
17 September 2019 Tuesday 16:00
47 Reads
Chaos in Sydbank: Chairman and vice-chairman retires

One-third of the board of directors of Sydbank including the president and vice-president have resigned. It informs the bank in a communication to the stock exchange.

It is four out of 12 board members, it draws them because of the differences. Two of them, who leave, is chairman Torben Nielsen deputy chairman John Lesbo.

'the reason for this is that the current presidency, as well as two other members of the board of directors has notified the bank that they withdraw because of differences on governance (custom for good corporate governance, red.) and the future strategy,' it says in the message.

At today's date, they have elected a new president and vice-president to the board of directors. It becomes the managing director Lars Mikkelgaard-Jensen as chairman, and the vice-president is now CEO Jacob Chr. Nielsen.

One third left


Torben Nielsen
John Lesbo
Jørgen Høholt
Frank Møller Nielsen


Lars Mikkelgaard-Jensen, chairman of the board
Jacob Chr. Nielsen, vice-president
Janne Moltke-Leth
Susanne Schou
Carsten Andersen
Kim Holmer
Jarl Oxlund
Jørn Krogh Sørensen

The eight remaining board members, who are seated on the entries, have taken note of, is that far in the message.

At the same time with the outlook on the changes in the board of directors, writes Sydbank, to the board of directors 'will continue and intensify the work to make Sydbank a stronger bank'.

Sydbank announces also, that which is brewed on new initiatives, that there must be a better balance between earnings and costs.

these Measures will be presented 30. October, when the company comes with financial statements for the third quarter.

Ekstra Bladet has asked Sydbank head of press, what the differences more closely involves, and whether it possibly was about the new measures, which will be published 30. October, but it could not be disclosed at this time.

Updated: 17.09.2019 16:00
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