Danish regulator spurns Danske Bank's head of wealth management

Jacob Aarup-Andersen, Danske Bank's first choice as its new CEO, has been unofficially rejected by the Danish financial regulator ­ a decision that comes as no surprise to observers. But the bank's head of wealth management may yet be in the loop for the top role in the future.
Jacob Aarup-Andersen was rejected by the financial regulator to become CEO of Danske Bank. | Photo: DANICA
Jacob Aarup-Andersen was rejected by the financial regulator to become CEO of Danske Bank. | Photo: DANICA

Danske Bank's application to appoint its next CEO has been denied. The decision is controversial, but not surprising.

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