SYDB Sydbank A/S

Sydbank to start change of CEO

Sydbank to start change of CEO























Company Announcement No 28/2023



Peberlyk 4

6200 Aabenraa, Denmark







Tel

Fax







Sydbank A/S

CVR No DK 12626509, Aabenraa

sydbank.dk







29 September 2023 

Dear Sirs

Sydbank to start change of CEO

Karen Frøsig has notified the Board of Directors that she wishes to retire in 2024. Karen Frøsig has been with Sydbank since 1994. First as Chief Legal Adviser and since 2008 as a member of the Group Executive Management. She has held the position of CEO since 2010.

The Board of Directors has therefore worked on finding her successor and her replacement has been found. On 1 April 2024 the future CEO 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.

  • A long, close and constructive collaboration with Karen Frøsig will come to an end next year. Karen Frøsig’s unwavering leadership through many changes and challenges in all 13 years has made Sydbank the strong bank it is today. Sydbank is in tip-top shape and among the very best-performing banks in Denmark. This makes us proud and on behalf of the Board of Directors I would like to thank Karen Frøsig for her excellent and professional work for the Bank during the entire period, says Board Chairman Lars Mikkelgaard-Jensen.



The name of the new CEO will be announced at a later date.

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 Sydbank’s press officers on tel if you require additional information.

Attachment



EN
29/09/2023

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

ABGSC Financials Research ... (+3)
  • ABGSC Financials Research
  • Fredrik Flørnes Støle
  • Simon Brun
02/17/26 February 17, 2026 1 EN
 PRESS RELEASE
Free
SYDB SYDBANK A/S

Ændring af selskabskapital

Ændring af selskabskapital Selskabsmeddelelse nr. 03/2026Peberlyk 4DK-6200 AabenraaTelefon AL Sydbank A/SCVR-nr. DK 12626509, Aabenraasydbank.dk27. januar 2026  Ændring af selskabskapital På Sydbank A/S’ ekstraordinære generalforsamling den 4. december 2025 blev det besluttet at nedsætte bankens selskabskapital med nominelt 21.737.530 kr. ved annullering af 2.173.753 stk. aktier. Kreditorernes frist for at anmelde krav er udløbet, og bestyrelsen harefterfølgende besluttet at gennemføre kapitalnedsættelsen. Kapitalnedsættelsen registreres i Erhvervsstyrelsen. AL Sydbanks samlede selskab...

January 27, 2026 1 EN
 PRESS RELEASE
Free
SYDB SYDBANK A/S

Change of share capital

Change of share capital          Company Announcement No 03/2026Peberlyk 46200 AabenraaDenmarkTel AL Sydbank A/SCVR No DK 12626509, Aabenraasydbank.com27 January 2026  Dear Sirs Change of share capital At the ekstraordinay general meeting of Sydbank A/S held on 4 December 2025 it was resolved to reduce the Bank’s share capital by nominally DKK 21,737,530 by cancelling 2,173,753 shares. The creditors’ time limit for filing claims has expired and the Board ofDirectors has subsequently decided to implement the capital reduction. The capital reduction will be registered with the Danish Bus...

January 27, 2026 1 EN
 PRESS RELEASE
Free
SYDB SYDBANK A/S

Førtidsindfrielse af to Senior Non-Preferred obligationer

Førtidsindfrielse af to Senior Non-Preferred obligationer Selskabsmeddelelse nr. 02/2026Peberlyk 4DK-6200 AabenraaTelefon AL Sydbank A/SCVR-nr. DK 12626509, Aabenraasydbank.dk22. januar 2026  Ikke til offentliggørelse eller distribution, hverken direkte eller indirekte, i nogen jurisdiktion, hvor sådan offentliggørelse eller distribution ville være ulovlig Førtidsindfrielse af to Senior Non-Preferred obligationer AL Sydbank udnytter den kontraktuelle førtidsindfrielsesret (call option) i to udstedte obligationer med status af Senior Non-Preferred: ISIN DK0030522305 – SEK 800 mio. – Ud...

January 22, 2026 1 EN
 PRESS RELEASE
Free
SYDB SYDBANK A/S

Early redemption of two Senior Non-Preferred bonds

Early redemption of two Senior Non-Preferred bonds              Company Announcement No 02/2026Peberlyk 46200 AabenraaDenmarkTel Fax AL Sydbank A/SCVR No DK 12626509, Aabenraasydbank.dk22 January 2026  Not for publication or distribution, directly or indirectly, in any jurisdiction where such publication or distribution would be unlawful Early redemption of two Senior Non-Preferred bonds AL Sydbank is exercising its contractual call option to redeem two issued bonds with Senior Non-Preferred status early: ISIN DK0030522305 - SEK 800 million – issue date: 9 February 2023, first call...

January 22, 2026 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch