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Company News

Danske Bank says Corporate & Institutions boss Groot to leave

FILE PHOTO: A view of the Danske bank headquarters in Copenhagen, Denmark October 22, 2019. REUTERS/Jacob Gronholt-Pedersen

COPENHAGEN (Reuters) - Danske Bank DANSKE.CO said on Tuesday that Jakob Groot, a member of the bank's executive team and head of its Corporate & Institutions unit, will leave the bank as part of an organisational change.

Under the restructuring, commercial activities will be organised in two business units - one serving retail customers and small and medium-sized businesses headed by Glenn Söderholm, and one serving large corporates and institutional customers headed by Berit Behring, the bank said.

Reporting by Jacob Gronholt-Pedersen; editing by Jason Neely

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