Sydbank — Board/Management Information 2013

Aug 9, 2013

News Details

UK Regulatory | 9 August 2013 10:00

New Group Executive Management member

Sydbank A/S / Miscellaneous

09.08.2013 10:00

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Aabenraa, 2013-08-09 10:00 CEST (GLOBE NEWSWIRE) --
The Board of Directors of Sydbank has appointed Bjarne Larsen as new Group
Executive Management member effective as of 1 September. Bjarne Larsen will
replace Preben L. Hansen, Deputy Group Chief Executive, who will retire from
the Group Executive Management at the end of October. Consequently Sydbank's
Group Executive Management will consist of Karen Froesig, CEO, Jan Svarre,
Deputy Group Chief Executive, and Bjarne Larsen, Deputy Group Chief Executive.

Bjarne Larsen, who holds an MSc in Economics and Business Administration as
well as a Graduate Diploma in Accounting, is 49 years old and has been employed
with Sydbank for 24 years. Since 2010 Bjarne Larsen has held the position of
Group Executive Vice President of Sydbank's Corporate Banking & Finance. He
will continue in this position until a replacement has been found. Bjarne
Larsen's main area of responsibility in the Group Executive Management will be
the Bank's risk management.

Yours sincerely

Anders Thoustrup, Chairman, The Board of Directors Karen Froesig, CEO

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Language: English
Company: Sydbank A/S

                Dänemark

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ISIN: DK0010311471
Category Code: MSC
LSE Ticker: 0G6U
Sequence Number: 1577
Time of Receipt: Aug 09, 2013 09:59:59

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