Danske Veteran Who Left Amid Scandal Becomes New Jyske CEO
- Lars Stensgaard Morch was cleared in 2021 for role in scandal
- Anders Dam will retire after 26 years as Jyske Bank’s CEO
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A Danske Bank A/S veteran who was part of the executive exodus during a 200 billion-euro ($210 billion) money-laundering scandal will now become the chief executive officer of Denmark’s second-largest listed lender.
Lars Stensgaard Morch next month succeeds Anders Dam, who retires after 26 years as head of Jyske Bank A/S, the lender said in a statement on Monday.