Danish bank hires governor’s neighbour at salary more than PM’s

  • Reuters, Copenhagen
  • Updated: Jan 22, 2016 21:23 IST

The Danish central bank acknowledged on Friday it had hired its governor’s neighbour to a consultancy position with a salary higher than the Danish Prime Minister’s, but said the relationship played no role in the appointment.

Financial website Finans said on Friday, the bank had hired Central Bank governor Lars Rohde’s neighbour as consultant with a monthly paycheck of 173,913 Danish crowns ($25,000) -- 30% higher than the pay of the premier.

Critics said the position had not been advertised.

All Danish public institutions are obliged to advertise jobs, but as a self-governing, independent institution, it can be argued that the central bank was not bound to that.

The central bank confirmed the appointment and the paycheck. “That she is my neighbour was not part of the considerations when she was hired,” Rohde said in a statement.

Social science professor Bent Greve from the University of Roskilde told Reuters: “It is not illegal what they have done but management has put themselves into a position where they can be easily criticised.”

Denmark, an EU member but euro zone outsider, is the least corrupt country in the world according to The Corruption Perceptions Index made by Transparency International.

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