Per Bremer Rasmussen, the chief executive officer of Danish pensions industry association Insurance & Pension Denmark (IPD), is stepping down, leaving the top role on 1 August, the organisation announced.
His departure is linked to IPD’s unveiling of its new action plan, “Strategy 2025”, with the lobby group saying its supervisory board believed now was a natural time to have a new CEO.
Bremer Rasmussen said: “It’s been 15 years since I joined Insurance & Pension Denmark. During that time, I have helped formulate and implement three ambitious strategies.
“The board of directors adopted a new strategy at the end of 2019. It should be a new chief executive rolling it out,” he added.
The association said it had started the process of finding a new leader.
Under the new plan, which is to be implemented over the next few years, the sector aims to “be known for its contribution to solving some of the biggest challenges facing Danish and international society”, IPD said.
It highlighted the welfare and security of individuals, as well as sustainability and the necessary green transition in Denmark and abroad.
IPD’s Strategy 2025 document mentions the commitment the sector made alongside the Danish government at the United Nations to invest an additional sum of around DKK350bn (€46bn) in climate and environmentally-friendly electricity generation worldwide by 2030.
It also addresses the need for continued and increased focus on ethical behaviour within the areas of investment, tax, data and with regard to consumers.
“We will work to ensure that the industry gets into order within its own ranks, and we will set stricter requirements for those who work with us,” the group said in the plan.
In another recent change at the top of the lobby group, in November Laila Mortensen, the CEO of labour market pension fund Industriens Pension, was elected as the new chair of IPD’s supervisory board.