SYDB Sydbank A/S

Mark Luscombe – new CEO of Sydbank

Mark Luscombe – new CEO of Sydbank













Company Announcement No 29/2023



Peberlyk 4

6200 Aabenraa, Denmark







Tel

Fax







Sydbank A/S

CVR No DK 12626509, Aabenraa

sydbank.dk







2 October 2023 

Dear Sirs

Mark Luscombe – new CEO of Sydbank

On Friday 29 September 2023 Sydbank announced that Karen Frøsig, its CEO of 13 years, wishes to retire.

Today we can announce that on 1 April 2024 Mark Luscombe will join Sydbank as Deputy Group Chief Executive with a view to being appointed as CEO after a transition period until 31 July 2024 when Karen Frøsig retires. Mark Luscombe comes from a position as Country Manager at SEB in Denmark.

  • In our search for a new CEO for Sydbank we have focused on finding a candidate who is able to pursue the development and course for Sydbank charted by the Group Chief Executive Management with Karen Frøsig at the helm while appreciating Sydbank’s roots, position and way of doing business. Moreover we have been looking for a candidate who can ensure that the breadth of qualifications will continue in the Group Executive Management when Karen Frøsig leaves. Mark Luscombe and his extensive experience from Citibank and SEB, where Mark Luscombe is currently Country Manager, represents all of that and therefore he can continue to work on strengthening Sydbank’s brand as the preferred bank of the corporate sector and on perfecting the Bank's offers to retail clients looking for professional advice.

    In connection with Sydbank’s appointment of Mark Luscombe, he was considered fit and proper by the Danish Financial Supervisory Authority as CEO.



Mark Luscombe is an employee of SEB until 31 March 2024 and consequently further comments will not be provided at this time.

Deputy Group Chief Executive Bjarne Larsen and Deputy Group Chief Executive Jørn Adam Møller will continue in their positions in the Group Executive Management.

On behalf of the Board of Directors

Lars Mikkelgaard-Jensen

Board Chairman

Please contact Susanne Faber, Sydbank’s Press Manager, on tel if you require additional information.

Attachment



EN
02/10/2023

Underlying

SYDBSydbank A/S

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Sydbank A/S

 PRESS RELEASE
Free
SYDB SYDBANK A/S

Aktietilbagekøb i AL Sydbank A/S – transaktioner i uge 15

Aktietilbagekøb i AL Sydbank A/S – transaktioner i uge 15 Selskabsmeddelelse nr. 18/2026Peberlyk 4DK-6200 AabenraaTelefon AL Sydbank A/SCVR-nr. DK 12626509, Aabenraaal-sydbank.dk13. april 2026  Aktietilbagekøb i AL Sydbank A/S – transaktioner i uge 15AL Sydbank A/S offentliggjorde den 25. februar 2026 et aktietilbagekøbsprogram på 1.100 mio. kr. Aktietilbagekøbsprogrammet startede den 2. marts 2026 og vil være afsluttet senest den 31. januar 2027. Aktietilbagekøbsprogrammet sker med henblik på nedsættelse af aktiekapitalen i AL Sydbank A/S og gennemføres efter bestemmelserne i Europa-Parl...

April 13, 2026 1 EN
 PRESS RELEASE
Free
SYDB SYDBANK A/S

AL Sydbank A/S share buyback programme: transactions in week 15

AL Sydbank A/S share buyback programme: transactions in week 15          Company Announcement No 18/2026Peberlyk 46200 AabenraaDenmarkTel AL Sydbank A/SCVR No DK 12626509, Aabenraaal-sydbank.com13 April 2026  Dear Sirs AL Sydbank A/S share buyback programme: transactions in week 15On 25 February 2026 AL Sydbank A/S announced a share buyback programme of DKK 1,100m. The share buyback programme commenced on 2 March 2026 and will be completed by 31 January 2027. The purpose of the share buyback programme is to reduce the share capital of AL Sydbank A/S and the programme is executed in compl...

April 13, 2026 1 EN
 PRESS RELEASE
Free
SYDB SYDBANK A/S

Ledende medarbejdere og nærtståendes transaktioner med aktier i AL Syd...

Ledende medarbejdere og nærtståendes transaktioner med aktier i AL Sydbank Selskabsmeddelelse nr. 17/2026Peberlyk 4DK-6200 AabenraaTelefon AL Sydbank A/SCVR-nr. DK 12626509, Aabenraaal-sydbank.dk7. april 2026  Ledende medarbejdere og nærtståendes transaktioner med aktier i AL Sydbank AL Sydbank offentliggør i henhold til markedsmisbrugsforordningens artikel 19transaktioner med aktier i banken udført af ledende medarbejdere og disses nærtstående. Der henvises til vedhæftede skema, hvor detaljerede informationer omtransaktionerne fremgår.Venlig hilsen AL Sydbank A/S Vedhæftet fil ...

April 7, 2026 1 EN
 PRESS RELEASE
Free
SYDB SYDBANK A/S

Transactions with shares in AL Sydbank by managers and closely associa...

Transactions with shares in AL Sydbank by managers and closely associated persons          Company Announcement No 17/2026Peberlyk 46200 AabenraaDenmarkTel AL Sydbank A/SCVR No DK 12626509, Aabenraaal-sydbank.com7 April 2026  Dear Sirs Transactions with shares in AL Sydbank by managers and closely associated persons Under Article 19 of the Market Abuse Regulation AL Sydbank makes public transactions with shares in the Bank conducted by managers and persons closely associated with them. Reference is made to the attached table showing detailed information about the transactions. Yours si...

April 7, 2026 1 EN
 PRESS RELEASE
Free
SYDB SYDBANK A/S

Aktietilbagekøb i AL Sydbank A/S – transaktioner i uge 14

Aktietilbagekøb i AL Sydbank A/S – transaktioner i uge 14 Selskabsmeddelelse nr. 16/2026Peberlyk 4DK-6200 AabenraaTelefon AL Sydbank A/SCVR-nr. DK 12626509, Aabenraaal-sydbank.dk07. april 2026  Aktietilbagekøb i AL Sydbank A/S – transaktioner i uge 14AL Sydbank A/S offentliggjorde den 25. februar 2026 et aktietilbagekøbsprogram på 1.100 mio. kr. Aktietilbagekøbsprogrammet startede den 2. marts 2026 og vil være afsluttet senest den 31. januar 2027. Aktietilbagekøbsprogrammet sker med henblik på nedsættelse af aktiekapitalen i AL Sydbank A/S og gennemføres efter bestemmelserne i Europa-Parl...

April 7, 2026 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch