Board of directors and executive board

The top decision-making authority in Finance Denmark is the Annual General Meeting (AGM), which chooses the board of directors on a yearly basis. The chairman and vice-chairman are chosen at the AGM from the elected board members.

The board of directors

The board of directors is made up of 10 members, which are chosen every year at the AGM. The chairman and vice-chairman are chosen from the elected board members. The board of directors usually meets 6 times per year and deals with Finance Denmark affairs that are a matter of principle.

The board of directors is legally competent to transact business when more than half of the board members are present. Each member has one vote and decisions are made based on simple majority voting. In cases of tied votes the chairman, or in their absence, the vice-chairman, has the casting vote. Board members as well as personal substitutes are chosen on a yearly basis. Board members are:


Board member Personal Substitute

Head of Group Risk Management

Carsten Rasch Egeriis
Danske Bank


Head of Banking Nordic and Head of Banking DK

Glenn Söderholm
Danske Bank

First Vice-Chairman

Head of Nordea Business Banking Denmark

Bjørn Bøje Jensen
Nordea Bank Danmark


Head of Personal Banking Denmark

Mads Skovlund Pedersen
Nordea Bank Danmark

Second Vice-Chairman

Group Managing Director

Michael Rasmussen
Nykredit Realkredit A/S


Group Managing Director

Anders Jensen
Nykredit Realkredit A/S

Managing Director

Petter Blondeau
Fynske Bank

Bank Manager

Lars Frank Jensen

Managing Director

John Christiansen
Lån & Spar Bank

Managing Director

Claus Andersen
Ringkjøbing Landbobank

Managing Director

Anders Dam
Jyske Bank

Director Retail Banking

Carsten Tirsbæk Madsen
Jyske Realkredit A/S

Managing Director

Karen Frøsig

Deputy CEO

Bjarne Larsen

Managing Director

Jens Kr. A. Møller
DLR Kredit A/S

Managing Director

Pernille Lohmann
DLR Kredit A/S

Managing Director

Lasse Nyby
Spar Nord Bank

Managing Director

Lars Møller
Spar Nord Bank

Managing Director

Claus E. Petersen
Den Jyske Sparekasse

​Managing Director

Vagn Hansen
Sparekassen Vendsyssel


The chairmanship consists of the chairman and the vice-chairman, who – just like the rest of the board – are elected at the AGM for one year.

Executive board
The executive board consists of Managing Director, Ulrik Nødgaard and Deputy Managing Director, Ane Arnth Jensen, who can be seen in the picture below.

Staff functions
Finance Denmark is divided by a range of staff functions and different business areas. See an overview of departments and staff here.

In addition, there is a range of committees that are appointed by the board of directors as needed.

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Finance Denmark is a business association for banks, mortgage institutions, asset management, securities trading and investment funds in Denmark. Our members are mortgage institutions, banks, savings banks, cooperative savings banks, Danish branches of foreign banks, asset managers, Danish securities dealers and investment funds. 

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