Board of Directors

Lars Mikkelgaard-Jensen

Chairman

  • Elected to the Board of Directors in 2015
  • Member of Nomination Committee and Digitization Committee

Jacob Chr. Nielsen

Vice-Chairman

  • Elected to the Board of Directors in 2014
  • Member of Audit Committee

Janne Moltke-Leth

Board member

  • Elected to the Board of Directors in 2016
  • Chairman of Nomination Committee and member of Risk Committee

Susanne Schou

Board member

  • Elected to the Board of Directors in 2018
  • Chairman of Digitization Committee and member of Nomination Committee

Gitte Poulsen

Board member

  • Elected to the Board of Directors in 2019
  • Chairman of Remuneration Committee and member of Audit Committee

Jon Stefansson

Board member

  • Elected to the Board of Directors in 2019
  • Member of Risk Committee and Remuneration Committee

Henrik Hoffmann

Board member

  • Elected to the Board of Directors in 2020
  • Chairman of Risk Committee

Søren Holm

Board member

  • Elected to the Board of Directors in 2020
  • Chairman of Audit Committee and member of Digitization Committee

Ellen Trane Nørby

Board member

  • Elected to the Board of Directors in 2023

Carsten Andersen

Board member

  • Elected to the Board of Directors in 2018
  • Elected by the employees
  • Member of Audit Committee

Pia Wrang

Board member

  • Elected to the Board of Directors in 2022
  • Elected by the employees
  • Member of Risk Committee

Jarl Oxlund

Board member

  • Elected to the Board of Directors in 2014
  • Elected by the employees
  • Member of Digitization Committee

Jørn Krogh Sørensen

Board member

  • Elected to the Board of Directors in 2018
  • Elected by the employees
  • Member of Remuneration Committee
Audit Committee

Sydbank’s Board of Directors has set up an audit committee which reviews accounting and auditing issues that are subsequently considered by the Board of Directors.

The responsibilities and powers of the committee are set out in the terms of reference below.

Terms of reference – Audit Committee

Committee members: Søren Holm, Jacob Chr. Nielsen, Gitte Poulsen andCarsten Andersen.

Remuneration Committee

Sydbank’s Board of Directors has set up a remuneration committee. The committee reports to the Board of Directors.

Committee members: Gitte Poulsen, Jon Stefansson and Jørn Krogh Sørensen.

The responsibilities and powers of the committee are set out in the terms of reference below.

Terms of reference – Remuneration Committee

The Remuneration Committee formulates the Bank’s remuneration policy for the Board of Directors, the Group Executive Management and other employees whose activities have a significant impact on the Bank’s risk profile. The group of job functions consisting of material risk takers and control functions is determined by the Remuneration Committee and is reviewed/adjusted at least once a year. The current remuneration policy is reviewed, revised and submitted to the Board of Directors at least once a year. After approval by the Bank’s Board of Directors the remuneration policy is submitted to the general meeting for consideration.

Once a year (in early January) the Remuneration Committee ensures that compliance with the remuneration policy is checked and the result of the check is reported to the Board of Directors.

Remuneration report
Remuneration policy

Remuneration – 2022 financial year

Nomination Committee

Sydbank’s Board of Directors has set up a nomination committee to work to ensure that the Board of Directors has sufficient qualifications and competences to manage the Bank in a satisfactory manner.

The responsibilities and powers of the committee are set out in the terms of reference below.

Terms of reference – Nomination Committee

The committee reports to the Board of Directors.

Committee members: Janne Moltke-Leth, Susanne Schou and Lars Mikkelgaard-Jensen.

The Nomination Committee must assess the composition and qualifications of the Board of Directors and the Group Executive Management once a year. The committee lends support to the Board of Directors with regard to the recruitment of new board members and in this connection it is charged with formulating a diversity policy describing the qualifications and competences which the Board of Directors must possess. In addition the committee sets target figures for the underrepresented gender on the Board of Directors.

Risk Committee

Sydbank’s Board of Directors has set up a risk committee to assist the Board of Directors in matters related to risk management.

The responsibilities and powers of the committee are set out in the terms of reference below.

Terms of reference – Risk Committee

The committee reports to the Board of Directors.

The Risk Committee must provide the Board of Directors with an overview of the Bank’s current risk scenario and perform the preparatory work as regards determining the Bank’s overall risk profile and strategy, including the risks associated with the Bank’s business model. The Risk Committee ensures that the policies and guidelines of the Board of Directors as regards risk are implemented and function effectively in the Bank.

Committee members: Henrik Hoffmann, Janne Moltke-Leth, Jon Stefansson and Pia Wrang.

Digitization Committee

Sydbank’s Board of Directors has set up a digitization committee to support the Board of Directors in its work with and oversight of the ongoing digitization of the Bank.

Terms of reference – Digitization Committee

Committee members: Susanne Schou, Jarl Oxlund, Søren Holm and Lars Mikkelgaard-Jensen.

Authorised signatures

Group Executive Management

Karen Frøsig

CEO

Bjarne Larsen

Deputy Group Chief Executive

Jørn Adam Møller

Deputy Group Chief Executive

  • Group Executive Management

    Karen Frøsig
    Bjarne Larsen
    Jørn Adam Møller

    • Audit

      Poul-Erik Winther

  • Secretariat, Strategy & ESG

    Flemming Ramberg Mortensen

  • Compliance

    Lone Frederiksen

  • Legal Department

    Karin Sønderbæk

  • Risk

    Bjørn S. Clausen

Central functions

  • Corporate Banking & Finance

    Steen S. Hansen

  • Corporate Clients/Retail Clients

    Claus Peter Michelsen

  • IT Service & Information Security

    Erik Meldgaard

  • Digital Banking

    Kristian Mikkelsen

  • HR & Organisation

    Else Guldager

  • Asset Management

    Mads Kjølsen Olsen

  • Communications & Marketing

    Søren Hansen Reumert

  • Credits

    Stig Westergaard

  • Markets

    Pia B. Andersen

  • Digital & Support

    Morten Barsballe Nielsen

  • Operations

    Jakob Aarup Petersen

  • Private Banking

    Steen Sandager

  • Sydbank Direct

    Torben Bruun Jørgensen

  • Transaction Banking

    Jesper S. Y. Skjærbæk

  • Finance

    Kim Nissen

  • Wealth Management

Line functions

  • Odense Region

    Claus Braad Hansen

  • Copenhagen Region

    Søren Gadeberg

  • Kolding Region

    Søren Olling

  • Herning Region

    Claus Brændstrup

  • Næstved Region

    Jesper Lund Wimmer

  • Aabenraa Region

    Laurids Kudsk

  • Sønderborg Region

    Bente Skylvad

  • Esbjerg Region

    Frank Bondorph

  • Vejle Region

    Tina K. Lyngsø

  • Horsens Region

    Claus Brandt

  • Aarhus Region

    Torben R. Rasmussen

  • Aalborg Region

    Claus Starbæk

  • Sydbank in Germany

    Kim Møller Nielsen

  • Sydbank Agriculture

    Brian Skov Nielsen