Lars Mayland Nielsen is to become director of LD Pensions

Lars Mayland Nielsen will take up his post as the new CEO of LD Pensions on 1 August, thereby assuming responsibility for managing assets worth DKK 50 billion. Lars Mayland Nielsen is currently Head of Banking and Markets at Danmarks Nationalbank.

Lars Mayland Nielsen has many years’ experience at Danmarks Nationalbank, where he has held senior management positions across several business areas over the past 20 years – with the exception of a one-year spell at the World Bank in Washington D.C.

I am delighted and proud of the trust that the LD Pensions board has placed in me, and I very much look forward to undertaking the important task entrusted to me of managing the Cost-of-Living Allowance Fund and the Holiday Allowance Fund in a responsible and sustainable manner, together with the talented staff in LD Pensions.

Lars Mayland Nielsen

Lars Mayland Nielsen adds:

“I look forward to drawing on my experience and insight into capital markets and monetary policy, gained from the National Bank of Denmark, amongst other places, in my new management role in LD Pensions.”

Lizette Risgaard, Chair of the LD Pensions Board, says:

“It is very gratifying that we are able to appoint Lars Mayland Nielsen as the new director of LD Pensions. His management experience and insight gained at Danmarks Nationalbank provide the ideal background for leading and developing LD Pensions for the benefit of the many Danes who have accrued holiday allowance funds or cost-of-living allowance funds. The Board looks forward to a fruitful and inspiring collaboration.”

New deputy director appointed from within the organisation

Charlotte Mark is also taking up the post of Deputy Director in LD Pensions. Charlotte Mark is currently Chief Financial Officer in LD Pensions and, in her new role as Deputy Director, will continue to be responsible for investment and finance.

"I am very much looking forward to working with Lars Mayland Nielsen to tackle the many exciting challenges facing LD Pensions – for example, in the area of active ownership," says Charlotte Mark.

Lizette Risgaard says:

“We are delighted to further strengthen the Executive Board in LD Pensions with Charlotte Mark as Deputy Director. We already have a very satisfactory working relationship with Charlotte, which we look forward to continuing. With both Lars Mayland Nielsen and Charlotte Mark at the helm of LD Pensions, we have a strong and highly competent Executive Board.”

Lars Mayland Nielsen is taking over as managing director from Dorrit Vanglo, who has chosen to step down in order to focus her efforts on her work on the board.

LD Pensions manages assets totalling DKK 50 billion, comprising the assets of The Holiday Allowance Fund and The Cost-of-Living Allowance Fund.

Info

Lars Mayland Nielsen:

Lars Mayland Nielsen is 45 years old. He holds a degree in economics from Aarhus University and a Master of Science (MSc) from UNSW. In addition to his position at Danmarks Nationalbank, he previously worked as a senior debt specialist at the World Bank in Washington D.C.

Lars Mayland Nielsen on LinkedIn

Charlotte Mark on LinkedIn