Mads Kaagaard has taken over as chief executive of Danica Pension, as of 1 November.
He joins from PFA, where he was most recently group CEO. Kaagaard is a civil engineer and has a past in Nordea and the Boston Consulting Group, among others. He takes over the role from Søren Lockwood, who was asked to remain in the post by the then chairman of the board, Glenn Söderholm, until a permanent replacement was in place.
After a short transition period, Lockwood will leave Danica Pension, which he became part of in 2018 when Danica Pension acquired SEB Pension, where he was CEO.
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