Denmark’s ATP is filling the gap in its five-member group executive board with the appointment of Mads Smith Hansen, who has been named chief risk officer at the DKK690bn (€92.5bn) statutory pension fund.
Smith Hansen comes to ATP from Danish labour-market pension fund Sampension, where he has been CFO since 2010.
At ATP, he will fill the shoes of the previous chief risk officer and chief actuary Chresten Dengsøe, who left ATP in the early summer to become chief executive of Lægernes Pensionskasse, the Danish pension fund for doctors.
Carsten Stendevad, chief executive at ATP, said: “Mads is a highly respected leader with deep financial experience.”
He said he very much looked forward to working with him.
For his part, Smith Hansen said he looked forward to offering his contribution to ATP, which he described as an important institution in Danish society.
Before joining Sampension in 2007, Smith Hansen was head of ALM Analytics at Nordea Life and Pensions.