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Danske splits CIO role into two

Held by Anders Svennesen for several years, Danske Bank is now moving to divide the role of CIO into two. Svennesen will stay but find himself with a double.

Anders Svennesens' position as CIO is now split in two at Danske Bank | Photo: PR

A decision has been taken to create two different areas within Danske Bank's investment business, with each headed up by one of two “co-CIOs” -- Anders Svennesen and Christian Heiberg.

In future, Svennesen will lead Solutions, Alternatives, and Life & Pension, while Heiberg -- the current head of Investment Risk & Implementation -- will assume responsibility for Alpha, Hedge Funds and Trading. Both men will have the title co-CIO, Danske Bank tells AMWatch in a written.

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