Danske Bank Names Chairman Kolding CEO as Straarup Retires
This article is for subscribers only.
Eivind Kolding will move from serving as Danske Bank A/S’s board chairman to becoming its chief executive officer as Denmark’s largest lender faces a deteriorating market at home and persistent losses in Ireland.
Kolding, who has served 10 years on Danske’s board, becomes the Copenhagen-based lender’s first chief executive from outside the company on Feb. 15 when he replaces Peter Straarup, who’s retiring. Kolding, 52, will step down from his position as CEO of Maersk Line, the container unit of A.P. Moeller-Maersk A/S, Denmark’s biggest company and Danske’s biggest shareholder.