Danske Bank Picks Interim CEO to Soothe Investor Concerns Over Scandal

Danske Bank Picks Interim CEO to Soothe Investor Concerns Over Scandal
Thomas Borgen, CEO in Danske Bank in Copenhagen, Denmark, on Nov. 16, 2017. Ritzau Scanpix/Reuters
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COPENHAGEN—Danske Bank appointed an interim chief executive on Oct. 1, as it sought to reassure investors rattled by a $235 billion money laundering scandal and looking for a new leader.

Jesper Nielsen, the head of Danske Bank’s domestic banking business, will take on the running of the bank while a replacement is found for Thomas Borgen, who resigned last month but was not originally going to leave with immediate effect.