DENMARK - Henrick Franck will become the new chief investment officer for the DKK 206.4bn (€27.7) Danish life insurer PFA Pension as of April 1 2007.

He replaces Hasse Jørgensen who left earlier this year to become CIO at the DKK75bn Sampension.

Franck joins from DKK 27bn Juristernes og Økonomernes (JØP), the pension fund for lawyers and economists with around 33,000 members.

Current deputy CIO Ricco Hagenflindt will take over as CIO.