PKA, the Danish labour-market pensions provider, has named the former director of the Danish Financial Supervisory Authority (FSA) to one of its supervisory boards.

Ulrik Nødgaard has been appointed as a new supervisory board member for the Social Workers and Social Education Practitioners’ Pension Fund (Pensionskassen for Socialrådgivere og Socialpædagoger), one of the three social and healthcare sector pension funds PKA runs.

Nødgaard is currently director of Finans Danmark, the new trade association for the banking sector, formed in December.

The FSA told pension providers and life insurers in Denmark four years ago that they must have at least two special expert members on their supervisory boards, with skills in insurance, investment and accounting.

Nødgaard’s counterpart on the trustee board of the Healthcare Professionals’ Pension Fund (Pensionskassen for Sundhedsfaglige) will be Henriette Schütze, CFO of the Nordic Tankers group.

In their new board roles, Nødgaard and Schütze will also become chairs on their respective pension funds’ audit committees, PKA said.

Meanwhile, Nathali Degn, chairman of DL, the trade union group for Danish medical secretaries, has been appointed as a member of the supervisory board of the third PKA pension fund, the Pension Fund for Nurses and Medical Secretaries (Pensionskassen for Sygeplejersker og Lægesekretærer).