Allan Polack resigned as group CEO of PFA Group, the holding company for PFA Pension, Copenhagen, according to a news release Friday.
Mr. Polack joined PFA in 2015; his last day will be March 7.
In the release, PFA characterized the change as "a natural part of a generational succession" and said that the search for a new group CEO "has been in progress for some time."
Mads Kaagaard, group executive vice president, will serve as interim group CEO during the search. Mr. Kaagaard has been responsible for products and development since 2018; before then he was in charge of private customers and business support.
Spokesman Oliver William Gunnar was not immediately for more information on the search.
PFA has 647 billion Danish kroner ($99 billion) in assets, and annual contributions increased to 43.8 billion Danish kroner, from 28.7 billion kroner in 2015, the release said.
