On 5 February 2009, the Board of Directors set up an audit committee, which, in April 2016, was expanded to include both an audit committee and an investment committee. In April 2017, the Investment Committee was segregated into a separate committee.
As of 14 March 2018, the Audit Committee consists of Niels-Ulrik Mousten (Chairman), Karsten Dybvad, Lasse Grønbech and Mogens Steffensen.
Under the Danish Act on Approved Auditors and Audit Firms, at least one member of the Audit Committee must possess qualifications in accountancy or audit. The full Board of Directors has assessed that two members of the Audit Committee meet this demand; Niels-Ulrik Mousten and Karsten Dybvad. Niels-Ulrik Mousten has served on the Audit Committee in Danske Bank Finland 2011-2016, and Karsten Dybvad served on the Audit Committee in Pension Danmark 2011-2014.