Danske must regain trust and take climate lead to achieve new strategy targets, says pension fund

Merely increasing the target for return on equity will not suffice if Danske Bank is to regain customers’ trust, AkademikerPension posits.
According to CFO of AkademikerPension Anders Achelde, Danske Bank faces a monumental task if the bank's new strategy is to succeed. | Photo: PR/AkademikerPension
According to CFO of AkademikerPension Anders Achelde, Danske Bank faces a monumental task if the bank's new strategy is to succeed. | Photo: PR/AkademikerPension
by christopher lange, translated by christian radich hoffman

AkademikerPension, the Danish pension fund for academics, owns shares in Danske Bank worth approximately DKK 263m (EUR 35.3m) and was pleased with Danske’s new strategy, presented Wednesday morning. However, AkademikerPension wants to see results come to fruition for expectations to be fulfilled.

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