Kingsbury, who will join Danske Bank on July 15, will report to Vollot who joined from Deutsche Bank in December.

Danske Bank on Monday cut its 2019 profit outlook, partly due to higher costs related to compliance and anti-money laundering activities following its involvement in a major money laundering scandal at its Estonian branch.

(Reporting by Andreas Mortensen; editing by Jacob Gronholt-Pedersen and Alexander Smith)