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New CEO of ATP leaves industry observers bewildered: "It is hard to find someone with less pension experience than he has"

ATP’s new CEO Martin Præstegaard will have been working in the pensions sector for less than three years when he takes over responsibility for the occupational pension fund’s DKK 950bn.

Martin Præstegaard, new CEO at ATP. | Photo: Gregers Tycho/ERH

Although his name was a recurring feature of discussions about who would take over ATP when Bo Foged steps down, the announcement of Martin Præstegaard as the new CEO was a surprise for some in the sector.

Søren Andersen, owner of pension advisory service FPension, says that he is ”relatively surprised” that the Danish FSA, Finanstilsynet, has approved ATP’s choice of Præstegaard.

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