Troels Lund Poulsen, the Danish minister of Business and Growth, has appointed Jesper Berg to be director of the country's financial regulator.

The 56-year MSc is to replace Ulrik Nødgaard. Jesper Berg was a manager at Nykredit Bank, Danmarks Nationalbank and the European Central Bank. Jesper  Berg  has  previously held  positions  as  the head  of  financial  stability,  the head  of  market  operations and  the head  of  payment  systems  at  the  Danish Central Bank.  He  also  served  as  head  of  the  capital markets  and  financial  structure  division  at  the  European  Central  Bank  from  2000 to 2004  and  was earlier an economist at the International Monetary Fund’s exchange and trade relations department. A safer pair of establishment hands could scarcely be imagined.

Jesper Berg is a Master of Business Administration. He is an adjunct professor at the Copenhagen Business School. He has written extensively on financial issues, and was the co-author of ‘Finansernes Fald’, a book about the financial crisis, which was published in 2009. He takes up his position on 1st October.