Sydbank — Board/Management Information 2013

Jun 18, 2013

News Details

UK Regulatory | 18 June 2013 12:40

Sydbank’s Group Executive Management

Sydbank A/S / Miscellaneous

18.06.2013 12:40

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Aabenraa, Denmark, 2013-06-18 12:39 CEST (GLOBE NEWSWIRE) --
Preben L. Hansen, Deputy Group Chief Executive, has informed Sydbank's Board of
Directors that he wishes to retire at the end of October 2013. Preben L.
Hansen, who will reach the age of 64 in January, has been an employee of
Sydbank for 45 years, the last 21 years as a member of the Bank's Group
Executive Management.

After the departure of Preben L. Hansen, Sydbank's Group Executive Management
will consist of Karen Froesig, CEO, and Jan Svarre, Deputy Group Chief
Executive.

Risk management has constituted Preben L. Hansen's main responsibility in the
Group Executive Management. The Board of Directors has started the process of
finding a successor to Preben L. Hansen. It is expected that this process will
have been completed before the departure of Preben L. Hansen.

Yours sincerely

Anders Thoustrup

Chairman

The Board of Directors

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Language: English
Company: Sydbank A/S

                Denmark

Phone:
Fax:
E-mail:
Internet:
ISIN: DK0010311471
Category Code: MSC
LSE Ticker: 0G6U
Sequence Number: 1487
Time of Receipt: Jun 18, 2013 12:39:57

End of Announcement DGAP News-Service

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