Company announcement no. 28 2026
Danske Bank
Bernstorffsgade 40
DK-1577 København V
Tel. +45 45 14 14 00
1 June 2026
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Changes to the Executive Leadership Team of Danske Bank A/S and the organisation
Danske Bank’s Chief Compliance Officer Dorthe Tolborg has decided to retire and is therefore, with effect from today, stepping down from her position with Danske Bank and as member of Danske Bank’s Executive Leadership Team. Effective immediately, Magnus Agustsson, Chief Risk Officer, will lead a merged Risk and Compliance function.
Joining Danske Bank in 2014, Dorthe Tolborg has been with the bank for more than a decade. She became Chief Audit Executive in 2015 and led Group Internal Audit for nine years before moving to her most recent role as Chief Compliance Officer in 2023. During her tenure, she played a central role in strengthening our control environment and in successfully completing important remediation programmes, including the conclusion of the corporate probation with the US Department of Justice (DoJ).
Dorthe Tolborg says: “I am incredibly proud of what we have achieved together in Group Compliance over the past years – from delivering some of Danske Bank’s most complex remediation programmes to building and nurturing a strong compliance and risk culture. It has been demanding, meaningful and deeply rewarding work. A heartfelt thank you to all my colleagues and teams across Group Compliance, Internal Audit and the wider organisation. You have challenged me, supported me and made this journey both possible and memorable.”
Chief Executive Officer Carsten Egeriis says: “I would like to thank Dorthe for her contributions in many roles – as Chief Audit Executive, Chief Compliance Officer, member of the ELT and as a colleague. Dorthe has been a vital part of our journey over the years and also, in her most recent role, a key contributor in handling some very complex projects. Under her leadership, we have further embedded compliance and conduct in
