Danske ousts CEO for more experienced banker

Danske Bank fired Eivind Kolding as chief executive less than two years after he started, as the lender said it wants to put a more experienced banker at its helm.

16th September, 2013
Danske Bank chief executive Eivind Kolding.

Danske Bank fired Eivind Kolding as chief executive less than two years after he started, as the lender said it wants to put a more experienced banker at its helm.

Kolding, 53, who became chief executive of Denmark’s biggest bank in February last year, will be replaced by Thomas F. Borgen, who has worked at the bank since 1997 and is a member of its executive board, responsible for corporate and institutional banking, Copenhagen-based Danske...

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