Ex-Nordea Banker Quits as ATP CEO Amid Tax Dodge Media Storm
Source: ATP
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Christian Hyldahl will step down as chief executive officer of Denmark’s biggest pension fund after becoming the target of a media storm for allegedly trying to dodge Swiss taxes while running a unit of Nordea Bank Abp a decade ago.
Hyldahl said that parts of ATP “no longer have faith in me’’ and that there is “a risk that the reputation of ATP will suffer” if he stays on, according to a statement published by the pension fund on Monday. The fund had called an extraordinary board meeting to discuss his future.