DENMARK - The country's largest pension scheme, the €49.8bn ATP, is still looking for a chief risk officer following Henrik Olejasz Larsen's move to Sampension.

He will become chief investment officer at the DKK75bn (€10bn) retirement fund for Denmark's local authorities, teaching assistants and graphic designers.

Larsen, until yesterday chief risk officer at ATP, will report to the also recently appointed chief financial officer, Hasse Jørgensen, who joined the fund earlier this year from PFA.

Sampension lost its previous chief investment officer, Søren Dahl Thompson to AP Pension.

ATP has not yet found a replacement for Larsen, a spokeswoman told IPE. She declined to comment if the fund would be looking internally or externally for a successor.

IPE reported last month that ATP poached INREV's Ville Raitio as the new investment manager of its real estate division.