Danske Bank Appoints New Group COO

Frans Woelders Danske Bank

writer icon Wilma Johansson     Danske Bank   |   Business     🕐 29. Nov. 2019

Danske Bank A/S announced that they have appointed Dutch Frans Woelders as Group COO and member of the Executive Leadership Team. Woelders will be placed with overall responsibility for Group Services and Group IT at Danske Bank.

The new changes are expected to be implemented by the summer of 2020.

Frans Woelders joins from the position of Chief Digital Officer for Personal Banking of the Royal Bank of Scotland. Woelders has, prior to that, experience from positions with ABN AMRO Bank, including as CEO of Retail Banking and as Group Chief Information Officer.

Personally vouching for Woelders, CEO of Danske Bank and fellow Dutchman Chris Vogelzang wrote on his Linkedin: “I have personally worked with him at ABN AMRO, which makes me all the more confident that he will be a valuable contribution in our effort to become a better bank by creating value for all our stakeholders; customers, employees, society and shareholders.”

Vogelzang is currently holding both the position of CEO and COO of Danske Bank and as of 1 June 2020, or sooner, Woelders will take up the position as Group COO.

“I am very pleased that Frans Woelders will join our team. He brings extensive experience from top management positions in the financial sector and has delivered very good results both in relation to the IT and retail banking areas and in terms of bringing these areas closer together. This means that he is very well suited for supporting our ambitions for developing our business in the coming years, where we will invest in further digitalisation across the bank.” Vogelzang said in Danske Bank's press release.

Vogelzang continued: “I am convinced that he will contribute significantly to our efforts to become a better bank to the benefit of all our stakeholders, and we look forward to welcoming Frans Woelders.”

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