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

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

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Danske Bank withdraws from Norwegian retail market

ATP urges Danske to improve retail business outside Denmark

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Sign up for our newsletter

Front page now

Nicolai Tangen is a huge fan of the Women in Finance Charter but stresses that promotions must be fair

Pension funds abandon dialogues with oil majors and divest shares

Analysis: Will Nordic investors take the lead in the battle of biodiversity?

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Further reading

Swedish asset manager kicks off new fund with leading Nordic institution

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