Chris Vogelzang - Danske Bank CEO

DANSKE Stock  DKK 201.90  1.60  0.79%   

CEO

Mr. Chris Vogelzang was appointed Chief Executive Officer, Member of the Executive Board at DANSKE BANK AS effective as of June 1, 2019. He has many years of management experience from the financial sector. From 2000 to 2017, Chris Vogelzang held several positions at the Dutch bank ABN AMRO the last eight years as a member of the banks management board and head of its global retail and private banking activities. He holds MS in Economics from University of Groningen . since 2020.
Age 57
Tenure 4 years
Phone45 33 44 00 00
Webhttps://www.danskebank.com

Danske Bank Management Efficiency

Danske Bank's management efficiency ratios could be used to measure how well Danske Bank manages its routine affairs as well as how well it operates its assets and liabilities.
Danske Bank AS has accumulated 1.39 T in total debt. Debt can assist Danske Bank until it has trouble settling it off, either with new capital or with free cash flow. So, Danske Bank's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Danske Bank AS sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Danske to invest in growth at high rates of return. When we think about Danske Bank's use of debt, we should always consider it together with cash and equity.

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Danske Bank AS provides various banking products and services to small and medium-sized businesses, corporate, institutional, and personal customers. Danske Bank AS was founded in 1871 and is headquartered in Copenhagen, Denmark. Danske Bank operates under Banking classification in Denmark and is traded on Copenhagen Stock Exchange. It employs 21978 people. Danske Bank AS (DANSKE) is traded on Copenhagen Exchange in Denmark and employs 21,022 people.

Management Performance

Danske Bank AS Leadership Team

Elected by the shareholders, the Danske Bank's board of directors comprises two types of representatives: Danske Bank inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Danske. The board's role is to monitor Danske Bank's management team and ensure that shareholders' interests are well served. Danske Bank's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Danske Bank's outside directors are responsible for providing unbiased perspectives on the board's policies.
Philippe Vollot, Chief Compliance Officer, Member of the Executive Leadership Team
Johanna Norberg, Member Customers
Carol Sergeant, Independent Vice Chairman of the Board
RaijaLeena Hankonen, Independent Director
Bente Landsnes, Independent Director
Magnus Agustsson, Chief Team
Glenn Soderholm, Head of Personal & Business Customers, Member of the Executive Leadership Team
Thorbjoern Dahl, Director, Employee Representative
Christian Sagild, Independent Director
Martin Blessing, Independent Director
Jakob Groot, Head of Corporates & Institutions, Member of the Executive Leadership Team
Atilla Olesen, Head Securities
Jan Nielsen, Vice Chairman of the Board
Chris Vogelzang, Chief Executive Officer, Member of the Executive Leadership Team
Mikael Deigaard, Global Officer
Bente Bang, Director, Employee Representative
LarsErik Brenoee, Director
Gerrit Zalm, Independent Director
Karsten Dybvad, Independent Chairman of the Board
Berit Behring, Head of Large Corporates & Institutions, Member of the Executive Leadership Team
Jens Olsen, Independent Director
Stephan Engels, Chief Financial Officer, Member of the Executive Leadership Team
Kirsten Brich, Director, Employee Representative
Karsten Breum, Chief Human Resource Officer, Member of the Executive Leadership Team
Charlotte Hoffmann, Director, Employee Representative
Frans Woelders, Group Chief Operating Officer, Member of the Executive Leadership Team
Carsten Egeriis, Chief Risk Officer, Member of the Executive Leadership Team
Jacob AarupAndersen, Head of Banking DK, Member of the Executive Leadership Team
Michel Drie, Services, Technology

Danske Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Danske Bank a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Danske Bank

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Danske Bank position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Danske Bank will appreciate offsetting losses from the drop in the long position's value.

Moving against Danske Stock

  0.8ORPHA Orphazyme ASPairCorr
  0.67DKINYM InvesteringsforeningenPairCorr
  0.54DKIGLOVO Danske InvestPairCorr
  0.5MAJDKO Maj InvestPairCorr
  0.39MAJPEN Maj Invest PensionPairCorr
The ability to find closely correlated positions to Danske Bank could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Danske Bank when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Danske Bank - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Danske Bank AS to buy it.
The correlation of Danske Bank is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Danske Bank moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Danske Bank AS moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Danske Bank can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Danske Stock

Danske Bank financial ratios help investors to determine whether Danske Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Danske with respect to the benefits of owning Danske Bank security.