Danske Bank to name audit exec new chief compliance officer

Danske Bank will appoint Chief Audit Executive Dorthe Tolborg to serve as its chief compliance officer after current CCO Satnam Lehal announced he would depart the bank in early 2024.

Tolborg will assume the CCO role June 1 and join the bank’s executive leadership team, which will expand to nine members, Danske Bank said in a press release Monday.

“Anchoring compliance in the executive leadership team will ensure that, following years of significant investments, we can continue to integrate our compliance efforts into our business,” said Danske Bank Chief Executive Carsten Egeriis in the release. “[W]ith her background and competencies, [Tolborg] is exactly the right person to lead this work.”