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CEO exit at PensionDanmark bestirs idea of merger between pension giants

A merger between PensionDanmark and Industriens Pension seems an obvious contemplation as the former is currently looking for a new chief executive, say pension advisors. The two boards do not agree. 
PensionDanmark has had Torben Möger Pedersen as CEO for the past 30 years. As he is now retiring, the boards of directors at PensionDanmark and Industriens Pension should consider the advantages of a merger, according to advisors. | Photo: Pensiondanmark/pr
PensionDanmark has had Torben Möger Pedersen as CEO for the past 30 years. As he is now retiring, the boards of directors at PensionDanmark and Industriens Pension should consider the advantages of a merger, according to advisors. | Photo: Pensiondanmark/pr
by sofie højlund, translated by katrine gøthler

Danish pension funds Industriens Pension and PensionDanmark have a lot in common.

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