Deloitte hires Handelsbanken’s Danish Corporate Finance chief
The accounting and consultancy firm Deloitte has hired Peter S. Olesen as new co-head of its Nordic Corporate Finance unit with Sigurd Jensen, writes business daily Børsen, citing unnamed sources. Olesen has been head of Handelsbanken’s Danish Corporate Finance unit since 2012.
PR-agency hires financial industry consultants
Pan-nordic PR-agency Geelmuyden Kiese has recruited two new consultants for its financial sector practice, to service new clients.
The firm has hired Anders Ebdrup as a senior consultant. He received a Master’s degree in political communication and management in 2013, and was previously senior consultant at MSL Group Denmark, servicing financial institutions and professional service firms. The agency has also hired Lasse Lilholt as part of its five person financial team. He was previously press coordinator at Saxo Bank and as also worked at Jyske Bank.
Investor leaves job as temporary CEO at local bank
Jens Kindberg, an investor, has left his position as temporary CEO of the local Danish bank JAK Andelskasse Østervrå. A position he took after the bank faced capital problems. The job has been handed over to Brian Grønnegaard, previously Chief Financial Officer of property owner Nordicom and CFO at regional bank Danske Andelskassers Bank.
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Grant-making association Realdania has its roots in the history of Danish housing needs -- all the way back to the devastating Copenhagen Fire of 1795. But with his eye firmly fixed on today's financial market challenges, CIO Peter Johansen tells AMWatch the private philanthropic organization is now set for a big boost in its alternative assets.
Both Alecta and AMF are busy shifting assets into new investment types: Alecta has more than doubled its green bonds investments in 2017, while AMF’s CIO says her fund has been working to manage assets outside the traditional asset classes.
Over the years, Pensiondanmark has built up a large portfolio of alternatives, which in 2017 yielded a return that compares with equities. Investments in infrastructure, property and non-listed assets will help protect the savings of more than 700,000 members against future equity unrest and interest rate hikes.
Spiralling costs for government pensions, a large sector of the population with scant pension savings, particularly poor pensions among women -- and a group with no pension coverage at all. The latest OECD pension report lays bare the fact that Germany has a steep hill to climb, with pensions in need of far-reaching reforms.