Executive Board and Board of Directors

Read more about Topdanmark's Board of Directors, Executive Board and Senior Management.

Torbjörn Magnusson / Chairman
Elected at the AGM
DOB: 9 November 1963
Joined Topdanmark's Board of Directors: 2014
Current position held: CEO, If P&C Insurance Ltd

Previous positions held:
1988 – 1989: Arthur Andersen & Co
1990 – 1993: Skandia International
1994 – 1996: Mercantile & General Re, London
1997 - 1999: Vice President, Skandia P&C
1999 – 2002: Head of Commercial Division and Head
                    of Commercial Products, If P&C Insurance Ltd

Education:
- M.Sc. and Lic Eng (Optimization Theory), The Royal
  Institute of Technology, Stockholm

Offices held:
Member of the Boards of Directors of:
- Insurance Europe (Vice President)
- Insurance Sweden

Member of:
- Topdanmark's Remuneration Committee and
  Nomination Committee

Independence:
As Torbjörn Magnusson represents a controlling shareholder's interest, he does not meet the definition of independence set out by the Committee on Corporate Governance.

Annette Sadolin / Deputy Chairman
Elected at the AGM
DOB: 4 January 1947
Joined Topdanmark's Board of Directors: 2004
Current position held: Professional Board Member

Previous positions held:
1980 - 1986: Assistant to management and subsequently Divisional Manager, Baltica Re / Baltica-Nordisk Re
1986 - 1989: Ass. General Manager, Baltica-Nordisk Re
1989 - 1993: Deputy General Manager, Employers Reinsurance International, Copenhagen
1993 - 1996: CEO, Employers Reinsurance International, Copenhagen
1996 - 2003: Member of Board of Management, GE Frankona Rückversicherungs-Aktiengesellschaft, Munich

Education:
Law degree, University of Copenhagen
- Special law programme, Columbia University, NY, USA
- GE training programmes incl. Six Sigma GB Certificate

Offices held:
Member of the Boards of Directors of:
- DSB
- DSV A/S
- Ratos AB (Sweden)
- Blue Square Re (Netherlands)
- KNI A/S
- Østre Gasværk Teater
- Ny Carlsberg Glytotek

Member of:- Topdanmark's Audit Committee, Remuneration Committeeand Nomination Committee

Independence:
Annette Sadolin has been a member of Topdanmark’s Board of directors for 12 years and consequently, she no longer meets the definition of independence set out by the Committee on Corporate Governance.

Ann-Jeanette Bakbøl
Elected by employees
DOB: 15 August 1957
Joined Topdanmark's Board of Directors: 2015
Current position held: Claims executive

Tina Møller Carlsson
Elected by employees
DOB: 18 August 1976
Joined Topdanmark's Board of Directors: 2015
Current position held: Deputy Chairman of Topdanmark’s Staff Association

Mette Jensen
Elected by employees
DOB: 20 June 1976
Joined Topdanmark's Board of Directors: 2015
Current position held: Chairman of Topdanmark’s Staff Association
Member of Topdanmark's Remuneration Committee

Petri Niemisvirta
Elected at the AGM

DOB: 19 February 1970
Joined Topdanmark's Board of Directors: 2017
Current position held: Managing Director, Mandatum Life Insurance Company Limited

Previous positions held:
1995–1999: Kaleva Mutual Insurance Company
1999–2000: Sampo Life Insurance Company Limited
2000–2001: Managing Director, Evli Life Ltd.

Education:
- LL.M., University of Turku

Offices held:
Member of the Boards of Directors of:
- BenCo Insurance Holding B.V. (Netherlands)
- Kaleva Mutual Insurance Company (Chairman) (Finland)
- Varma Mutual Pension Insurance Company (Finland)
- Finland Chamber of Commerce
- Alma Media Corporation

Independence:
As Petri Niemisvirta represents a controlling
shareholder’s interests, he does not meet the definition of
independence set out by the Committee on Corporate Governance

Lone Møller Olsen
Elected at the AGM
DOB: 4 April 1958
Joined Topdanmark's Board of Directors: 2016
Current position held: Professional Board Member

Previous position held:
1979-2016 Deloitte, Denmark and New York

Education:
- M.Sc, Copenhagen Business School, Denmark
- State authorised public accountant
- IMD leadership courses

Offices held:
Member of the Boards of Directors of:
- BankInvest

Member of:
- Topdanmark's Audit Committee.

Independence:
Because Lone Møller Olsen has been a partner at Deloitte, Topdanmark’s external auditor, formally she does not meet the definition of independence set out by the Committee on Corporate Governance, when joining the Board of Directors. However, Lone Møller Olsen has not worked with Topdanmark for the last 20 years. Therefore, it is the opinion of the Board of Directors that Lone Møller Olsen meets the definition of independence.

 

 

Ricard Wennerklint
Elected at the AGM
DOB: 2 September 1969
Joined Topdanmark's Board of Directors: 2017
Current position held: Deputy CEO, If P&C Insurance Ltd

Previous positions held:
1994–1997: Trygg-Hansa
1997–1999: Head of control, Skandia P&C
1999–2001: Senior Vice President, If P&C Insurance Ltd
2002–2008: CFO, If P&C Insurance Ltd

Education:
- Business Administration and Finance, Stockholm School of
Economics

Offices held:
Member of the Boards of Directors of:
- Nobia AB (Sweden)

Member of:
- Topdanmark's Audit Committee

Independence:
As Ricard Wennerklint represents a controlling
shareholder’s interests, he does not meet the definition of
independence set out by the Committee on Corporate Governance.

Jens Aaløse
Elected at the AGM
DOB: 26 September 1966
Joined Topdanmark's Board of Directors: 2016
Current position held: Senior Executive Vice President, TDC A/S

Previous positions held:
1990-2002 Various executive positions, SAS Scandinavian Airlines A/S
2002-2006 Vice President, SAS Scandinavian Airlines A/S
2006-2010 CEO, Nordic Media Link AB and Dansk Reklame Film A/S
2010-2013 CEO, Danske Licens Spil A/S

Education:
- BSc Business Administration, Copenhagen Business School, Denmark

Offices held / Member of the Boards of Directors of:

- Dansk Erhverv (The Confederation of Danish Enterprise)
      - The Executive Committee
- Ecosys A/S (Chairman)
- FDM Travel A/S
- IT-branchen (The Danish ITC Industry Association)
- OmniCar AB (Chairman)

Independence:
Jens Aaløse meets the definition of independence set out by the Committee on Corporate Governance