Alm. Brand A/S named Rasmus Nielsen CFO to replace Anne Barfod, who will step down May 31.

Nielsen, who will also become a member of the Danish insurer's senior management team, will formally take up the role July 1.

Nielsen's work experience includes stints at Danske Bank A/S, where he served as head of external reporting, and Nordea Bank AB (publ), where he served as head of group business control and reporting and CFO of the lender's Danish unit.