DENMARK - Bent Nyløkke Jørgensen, administrative director at Denmark’s second largest pension scheme the Dkr60bn (e8bn) PKA fund for public, social and health workers, has announced that he wants to step down by the end of the year after 19 years with the group.

Jørgensen joined the firm in 1982 from the pension fund for lawyers and economists, Juristernes og Økonomernes Pensionskasse, where he was a director.

He is also vice director at Forsikring & Pension, the association of insurance companies and pension funds, and a member of the insurance board at the Danish court of justice.
The administrator is currently looking for a replacement for the 63 year-old Jørgensen.

André Lublin, chief executive of Denmark’s largest pension fund, the DKr140bn (e18.8bn) PFA Pension, also recently announced his imminent retirement after 38 years with the group.

Lublin will step down in July and the fund is currently seeking his replacement.