Danske Bank appoints Tjørntved Davidsen as chief AI officer and head of GenAI
0
This appointment marks a significant step towards leveraging GenAI technology to unlock potential for our employees and deliver enhanced value to our customers.
Over the past years, Danske Bank has made Generative AI technologies a strategic investment and a key part of our Forward '28 strategy and our digital and technology transformation, which includes move to public cloud, leveraging the latest technology, and investing in our data platform & artificial intelligence.
With the appointment of Kasper Tjørntved Davidsen, we are accelerating our efforts to integrate Generative AI into our ways of working and create a better experience for our customers.
'Kasper's technical capabilities and extensive experience with executive leadership roles and large-scale digital transformations will be instrumental to realise our commitment to being frontrunners in the GenAI revolution within financial services and becoming an AI first bank ', says Richard Davis, Chief Technology Officer at Danske Bank.
At Danske Bank, we have made Generative AI a priority
Now more than a year ago, DanskeGPT was launched, and since then, it has been full speed ahead with GenAI with a focus on adoption, upskilling and training, and continued enhancements and releases of new Generative AI solutions.
To date, we have launched 12 Generative AI solutions including DanskeGPT, DanskeAssist, GovDoc Assistant, and HR Assistant, with new solutions being continuously tested and launched.
Almost 16.000 employees at Danske Bank use one or more of our internal Generative AI solutions every month, and 90% of all Danske Bank employees have participated in Generative AI trainings.
Kasper Tjørntved Davidsen is impressed by the progress Danske Bank has made so far:
'As Generative AI has gained momentum over the past few years, it has become clear that the truly successful and forward-thinking companies are those that are intentional about AI and have a purposeful approach to adoption', he says and continues:
'From my perspective, this is where Danske Bank stands out in the sector. Danske Bank creates and delivers value for customers, employees and shareholders by combining proven technologies with Generative AI capabilities and innovations. With a strong executive vision of becoming an AI-first bank, Danske Bank is leading this transformation with meaningful action and clear intent.'
A possible game changer
At Danske Bank, we will continue to explore new opportunities and utilise Generative AI technology to innovate and strengthen our business. Frans Woelders, COO at Danske Bank elaborates further:
'AI is increasingly fundamental to our business growth and will be transformational in how we interact with and advise and support our customers. That is why it is a key focus area in Danske Bank. I am looking forward to seeing the progress we will achieve in the coming years under Kasper's leadership.'
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Guardian
3 hours ago
- The Guardian
Denmark to abolish VAT on books in effort to get more people reading
Denmark is to stop charging VAT on books in an attempt to get more people reading. At 25%, the country's tax rate on books is the highest in the world, a policy the government believes is contributing to a growing 'reading crisis'. The culture minister, Jakob Engel-Schmidt, announced on Wednesday that the government would propose in its budget bill that the tax on books be removed. The move is expected to cost 330m kroner (£38m) a year. 'This is something that I, as minister of culture, have worked for, because I believe that we must put everything at stake if we are to end the reading crisis that has unfortunately been spreading in recent years,' Engel-Schmidt told the Ritzau news agency . 'I am incredibly proud. It is not every day that one succeeds in convincing colleagues that such massive money should be spent on investing in the consumption and culture of the Danes.' Other Nordic countries also charge a standard rate of 25% VAT, but it does not apply to books. VAT on books in Finland is 14%, in Sweden 6% and in Norway zero. Sweden reduced its VAT on books in 2001, resulting in a rise in book sales, but analysis found they were bought by existing readers. 'It is also about getting literature out there,' said Engel-Schmidt. 'That is why we have already allocated money for strengthened cooperation between the country's public libraries and schools, so that more children can be introduced to good literature.' A total of 8.3m books were sold in shops and online in Denmark in 2023, according to the national statistics office. The country's population is just over 6 million. Sign up to This is Europe The most pressing stories and debates for Europeans – from identity to economics to the environment after newsletter promotion The most popular genre was books for the very young, picture books and activity books and the second-most popular was crime, thrillers and suspense novels. If prices do not fall as a result of the measure, Engel-Schmidt said he would reconsider whether it was the right course of action. 'I will of course monitor how prices develop. If it turns out that abolishing VAT only means that publishers' profits grow and prices do not fall, then we must consider whether it was the right thing to do,' he said.
Reuters
8 hours ago
- Reuters
Drugmaker Novo Nordisk enacts worldwide hiring freeze for non-critical job roles
COPENHAGEN, DENMARK, Aug 20 (Reuters) - Wegovy-maker Novo Nordisk ( opens new tab has implemented a global hiring freeze, which covers job roles that are not critical for its business, the company said on Wednesday. "We currently have a hiring freeze in non-business critical areas," the company said in an emailed statement. Investors in July wiped $70 billion off the drugmaker's market value, after Novo - which became Europe's most valuable listed company following the launch of Wegovy in 2021 - issued a profit warning and named a company veteran as new CEO. The company's new Chief Executive Mike Doustdar told Danish broadcaster TV2 in an interview earlier this month that he would consider layoffs as part of upcoming cost savings.
Reuters
8 hours ago
- Reuters
Drugmaker Novo Nordisk freezes hiring for non-critical jobs
COPENHAGEN, Aug 20 (Reuters) - Wegovy-maker Novo Nordisk ( opens new tab has implemented a global hiring freeze covering job roles that are not critical for its business, the company said on Wednesday. The company is battling competition from copycat versions of its blockbuster Wegovy obesity drug this year and could face layoffs as it battles rising pressure from its main rival Eli Lilly. "We currently have a hiring freeze in non-business critical areas," the company said in an emailed statement, without elaborating. Investors in July wiped $70 billion off the drugmaker's market value, after Novo - which became Europe's most valuable listed company following the launch of Wegovy in 2021 - issued a profit warning and named a company veteran as its new CEO. The new CEO, Mike Doustdar, who took the helm on August 7, told Danish broadcaster TV2 on his first day in office that he would look for cost savings throughout the company and also consider layoffs.
