Sunday, May 19 2013, 06:23 AM

Business

Denmark gets new central bank governor

A- A A+

Denmark's new central bank governor is to be pension fund head Lars Rohde who will replace the outgoing bank chief Nils Bernstein on Feb. 1.

Prime Minister Helle Thorning-Schmidt described 58-year old Rohde Tuesday as a "very suitable" replacement for Bernstein, who is retiring from the post.

Denmark is a member of the European Union, but is not one of the 17 countries that use the euro. Denmark's Nationalbank typically follows ECB changes as part of a policy of trying to keep the krone pegged to the euro.