As of 1 July 2022, Christian Baltzer will be joining Falck and thereby replacing Tor Lønnum as Group CFO, who has accepted a new job outside Falck by the end of April. Christian Baltzer comes from a position as CEO in Codan Denmark and has previously been Group CFO of Danske Bank and Tryg.
The 44-year-old Christian Baltzer will take over the position from Tor Lønnum as Group CFO and become a member of The Executive Management in Falck with responsibility for Finance, IT, and Legal. Thereby, he will play a pivotal role in the continued development of Falck as a globally integrated healthcare service provider.
Full growth potential
Christian Baltzer comes from a position as CEO of Codan Danmark, where he has helped prepare the divestment of Codan Forsikring's Danish business to Alm. Brand. He is an experienced top manager and has previously been Group CFO in Tryg from 2016-2018, as well as Group CFO in Danske Bank from 2018-2019. Both companies are listed on OMXC25 in Copenhagen.
Chairman of the Board of Directors Niels Smedegaard comments on the election of Christian Baltzer: “With Christian, we have found a very strong and experienced CFO. With his broad managerial background, he is the right person to ensure a business-driven finance function and ensure that we realize Falck's full growth potential over the coming years.”
Exciting development journey
Danish Christian Baltzer holds a degree in Actuarial Science from the University of Copenhagen
Jakob Riis, CEO of Falck comments on the appointment: “I look forward to the collaboration with Christian and to welcome him as part of our management team. He brings solid experience in corporate finance and can thus support the continued development of both our finance function and of Falck as a global leader in integrated healthcare services. Through focused efforts, we have secured a strong financial foundation, and Falck is today firmly positioned for growth and further development.”
Danish Christian Baltzer holds a degree in Actuarial Science from the University of Copenhagen and has worked for 23 years in the financial sector, including five years in the USA. He has in-depth experience in IT and digitization of business and brings a strong data-driven, strategic and analytical mindset to Falck. Christian Baltzer is looking forward to joining and becoming part of the exciting development journey that Falck is on.
Strong financial turnaround
“Falck is an iconic Danish company with a strongly founded purpose that has created fantastic results in recent years and transformed itself into a significant global player in health and rescue.”
“Falck has been through a strong financial turnaround, and I look forward to becoming part of the management and helping to continue to develop Falck as an international healthcare company and unleash the great commercial potential of the company,” says Christian Baltzer. He will join Falck on 1 July, and until then, Maarit Pokkinen will act as Interim Group CFO.
