The banker said he was leaving following an “intense” period of work that was partly due to dealing with a money laundering scandal at the bank’s Estonian branch.
The resignation of Anders Meinert Jorgensen adds to the list of top managers exiting after Danske Bank admitted to flaws in anti money-laundering controls in Estonia.
“There is no direct link to the money laundering case in Estonia, but it is clear that it is generally very intense to work with compliance, and especially the past year in Danske Bank has been very intense,” Jorgensen said today.
“But for me and the bank, my decision is really quite undramatic,” he said.
A Danske Bank spokesman said management had been aware of Jorgensen’s decision for some time and expected to announce his replacement before long.
Jorgensen, 43, will leave the bank in November, after being head of compliance since 2014.
Shares in Danske Bank have fallen nearly 25% over the last four months, as the money laundering scandal has unraveled.
Last week, Denmark’s new business minister Rasmus Jarlov said a report alleging Danske bank laundered up to $8.3 billion through its Estonian branch between 2007 and 2015 could prompt the Danish financial watchdog to open a new investigation.
Danske Bank has admitted to flaws in its anti money-laundering controls in Estonia and launched its own investigation into the case. It is due to present its own findings in September.
In April, the bank’s head of Baltic business banking and the head of business banking both left their posts.