PKA, the Danish pension provider with assets of some €37bn and annual contributions in 2018 of €1.2bn, has appointed Jon Johnsen as chief executive, taking over as of 1 March 2020 from current incumbent Peter Damgaard Jensen, who is retiring.
Johnsen will join from his current role as group head and chief operating officer at PFA Pension - another of Denmark's bigger pension providers, with some €77bn of assets.
PKA chairman Stephanie Lose said: "Jon comes to PKA with significant experience from the pension sector. He has achieved very good results in his current position, he has a personality and basic values that fit PKA, and not least he is a good leader."
Vice chairman Grete Christensen added: "At PKA it is important to deliver lifelong security through simple pension solutions to a solidary community of 320,000 members, and Jon Johnsen is the right person to do this. He has great knowledge of the pensions area and the products we provide to our members. At the same time, he can help continue PKA's ambitious investment work, where we will continue to be at the forefront, both in terms of returns and accountability."
Johnsen's appointment was confirmed after he received the formal Fit & Proper approval from the Danish Financial Supervisory Authority (Finanstilsynet).