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All eyes on Karsten Dybvad to lift Danske Bank from money laundering scandal


Devdiscourse News Desk Last Updated at 07-12-2018 22:02:51 IST
All eyes on Karsten Dybvad to lift Danske Bank from money laundering scandal
  • Former chairman Ole Andersen was ousted by A. P. Moller Holding following a major money-laundering scandal at the bank's Estonian branch. (Image Credit: Twitter)

Danske Bank shareholders elected Karsten Dybvad, who was proposed by top shareholder A. P. Moller Holding as the bank's new chairman, to the board at an extraordinary general meeting (EGM) on Friday.

The modified board of directors will convene after the EGM to select its new chairman. Former chairman Ole Andersen was ousted by A. P. Moller Holding following a major money-laundering scandal at the bank's Estonian branch.

(With inputs from agencies.)


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