Business & Finance

Danske Bank says appoints Kolding new CEO

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Kolding, age 52, is chief executive of container shipping company Maersk Line, part of the A.P. Moller-Maersk group which is Danske's biggest shareholder.

He will take over as CEO on Feb. 15, Danske Bank, Denmark's biggest banking group, said in a statement.

Kolding joined the Danske Bank board of directors in 2001 and became chairman in March this year.

Copyright Reuters, 2011