Bo Foged confirmed CEO of Denmark’s BankInvest

Danish manager BankInvest has confirmed the appointment of Bo Foged as chief executive of its holding company BI Holding A/S and the BankInvest group.

Foged had been acting CEO for the company since September 2011. He first joined in 2009 as CFO following a career that saw him work for Carnegie Bank, the World Bank, Nycomed and Accenture.

The BankInvest board said his appointment does not indicate any change in strategy for the company, which will maintain its focus on asset management, distribution of Investeringsforening products for the Danish market, and sales to institutional customers.

The holding company, BI Holdings A/S, owns subsidiaries engaged in asset management, administration of funds, private equity and Luxembourg-based Sicav manufacturing and distribution (respectively BI Management A/S, BI Asset Management Fondsmæglerselskab A/S, BankInvest Private Equity A/S, and BISA S.A.).

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