Danske Bank CEO quits after being named a suspect in Dutch probe into ABN AMRO
The Peninsula
COPENHAGEN - The chief executive of Denmark's Danske Bank resigned on Monday after Dutch authorities named him as a suspect in an investigation into violations of money-laundering regulations at lender ABN AMRO .
Chris Vogelzang, who held some senior positions at Amsterdam-based ABN AMRO between 2000 and 2017, said he was very surprised by the Dutch authorities' decision, adding that his status as a suspect did not imply that he would be charged. "However, given the special situation Danske Bank is in and the intense scrutiny the bank is under ... I do not want speculations about my person to get in the way of the continued development of Danske Bank," Vogelzang said.More Related News