Organisation

Arbejdernes Landsbank employs about 1,100 people in Denmark. The Bank’s organisation consists of an advisory Board of Representatives, a Board of Directors and Management. The Bank has a number of business and support functions and its’ many branches fall under the responsibility of seven Business Managers. Arbejdernes Landsbank has two wholly-owned subsidiaries, AL Finans A/S, which specialises in car financing, leasing and factoring, and Ejendomsselskabet Sluseholmen A/S, which is the property company that owns the site on which the Arbejdernes Landsbank Group will build its new headquarters. Moreover Arbejdernes Landsbank holds almost 73% of the shares in Vestjysk Bank A/S.

Management of the bank

Board of Directors of Arbejdernes Landsbank

The Board of Directors of A/S Arbejdernes Landsbank is composed of 12 members, including 8 elected by the General Meeting and four elected by employee. The term of office for members elected by the General Meeting is one year, and for the employee representatives four years. The Bank's Executive Management and the CRO participate at meetings of the Board of Directors. New members of the Board of Directors are recruited through a formal, thorough and transparent process aimed at achieving an optimal mix of necessary competences.

The Executive Management of Arbejdernes Landsbank

The Executive Management employed by the Board of Directors consists of 5 members. The Executive Management is composed of:

Jan W. Andersen, CEO
Svend Randers, Executive Bank Director, Business
Simon Sinding Jørgensen, Executive Bank Director, Business Development, HR and IT
Frank Mortensen, Deputy CEO
Gry Bandholm, Executive Bank Director, CRO

The Executive Management is the supreme daily management body observing the guidelines and instructions issued by the Board of Directors.

The Group

The Arbejdernes Landsbank Group includes the following companies:

A/S Arbejdernes Landsbank (Parent Company)
Vestjysk Bank A/S (subsidiary)
AL Finans A/S (subsidiary)
Ejendomsselskabet Sluseholmen A/S (subsidiary)

A/S Arbejdernes Landsbank holds almost 73% of the shares in Vestjysk Bank A/S, while AL Finans A/S and Ejendomsselskabet Sluseholmen A/S are fully owned by the Parent Company.

Arbejdernes Landsbank Indgang Vesterbrogade

Main activities of the Group

A/S Arbejdernes Landsbank

Arbejdernes Landsbank is a nationwide full-service bank for private individuals, associations and small and medium-sized enterprises. The Bank’s business strategy is based on sound values. Advisory services always take outset in the needs, values and dreams of the customer. This means that our approach is to look at the full financial situation of the customer, and responsible advice always comes before a sale. We make an extra effort to ensure in particular that no customer leaves a meeting without having understood what we have advised and what the point of our advice was.

Vestjysk Bank A/S

Arbejdernes Landsbank has grown considerably with the acquisition of the majority of shares in Vestjysk Bank. The two banks in the Group will be continued as two independent banks, each with its own focus and brand. Common for the whole of the Group is greater focus on continued influx of new customers and a stronger position on the market for business customers.

AL Finans A/S

AL Finans A/S is a finance company offering financing solutions to private individuals and businesses. For private individuals, the company mainly provides car loans and car leasing. For businesses, the company offers factoring, invoice purchasing and car leasing solutions. AL Finans A/S aims to establish strong customer relations through close dialogue and collaboration.

Ejendomsselskabet Sluseholmen A/S

Ejendomsselskabet Sluseholmen A/S is the property company that owns the site on which the Arbejdernes Landsbank Group will build its new headquarters