Allan Polack was appointed CEO of Danish pensions provider PFA Pension, a spokeswoman said.
Mr. Polack will join the 425 billion Danish kroner ($66.3 billion) firm April 1. He replaces interim CEO Jon Johnsen, group executive vice president and chief operating officer, who stepped into the role in December after Henrik Heideby, resigned as CEO.
Mr. Polack was CEO at Nordea Asset Management. Christian Hyldahl has been appointed CEO, a news release on Nordea’s Danish website said. Mr. Hyldahl is currently head of investments. A spokesman for Nordea could not be reached for comment by press time.
Mr. Polack “is well prepared for the job bearing in mind his extensive experience of pensions and investments," said Svend Askaer, chairman of PFA’s supervisory board, in a news release.