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Danske Bank board nominates new candidates as members

Feb 25, 2019 - SNL European Financials Daily
Board and Executive Moves

Danske Bank A/S's board of directors said Feb. 21 that it had nominated Christian Sagild and Gerrit Zalm as new candidates for election as members.

The Danish bank has been embroiled in a money laundering scandal for months, and stands accused of allowing billions of dollars of suspicious Russian and ex-Soviet funds to flow through its Estonia branch. The scandal has resulted in major changes to the board, including the appointment of a new chairman, Karsten Dybvad, in December.