The Danske Bank management board announced the resignation of CEO Chris Vogelzang. The banker is suspected of participating in money laundering while working at ABN AMRO bank, according to a press release, TASS reported.
In a press statement, Chris Vogelzang expressed surprise at the charges against him, but given the recent money-laundering investigation involving Danske Bank, he sees no other way out of the situation than voluntary withdrawal.
Vogelzang was appointed head of the Danish bank about 2 years ago. He was invited to take Danske Bank out of the biggest money-laundering scandal, carried out through the now-closed branch in Estonia.
