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Former SEB director Peter Kubicki becomes chief executive of independent Danish portfolio manager, Skagen's Kristoffer Stensrud retires from active management - and a good role model dares to show the cracks in the glossy picture, says Danske Bank executive.

Former SEB director becomes CEO of investment company

Independent Danish portfolio manager Investeringsrådgivning A/S has hired former SEB director Peter Kubicki as new CEO, the company states in a press release.

"The company has reached a size where new manpower was necessary to maintain the rapid growth that we have had since 2009. We expect that Peter Kubicki will be able to both add to the growth and stay firmly rooted our company's solid organizational foundation," says founder and major shareholder Michael Krogh Andersen.

Legendary portfolio manager throws in the towel

Asset manager Skagen announces that portfolio manager Kristoffer Stensrud is retiring from his position as active manager at the Kon-Tiki fund, and going forward, he will act as senior advisor and mentor for the company's management and portfolio managers. He will remain as one of the main investors in Kon-Tiki.

AP Pension hires former Pensam CIO

AP Pension, a mutually-owned Danish pension fund that manages about DKK 106 billion (EUR 14.2 billion) has hired 45-year old Morten Hemmingsen as new head of bond investments. Until May, Hemmingsen was chief investment officer at Denmark's Pensam.

New Niam top executive

Swedish property fund provider Niam will, from July 1, get Fredrik Jonsson as CEO, Niam announces. Jonsson is currently chief investment officer. Current CEO Johan Bergman will instead become chairman of the board of directors of Niam and all underlying funds, the announcement reads.

Bank executive: There are so many glossy pictures on display

A good role model dares to show the cracks in the glossy picture, says Danske Bank executive, who displayed her personal suffering on national TV 10 years ago – her partner had left her – on the TV program series "Chefens Sjæl" ("The Boss' Soul). Now, the bank's Global Head of Wealth Management, Marlene Nørgaard, turns 50 – and she states in a portrait interview with FinansWatch: "When I look at the world, there are so many glossy pictures on display. If you want to be a role model, you have to show both your strength and your weakness. I wanted to show on the TV program that everybody has baggage, and we need to be able to talk about it."

English Edit: Marie Honoré

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