AFTER 16 years in charge of Danish global logistics behemoth DSV, CEO Jens Bjørn Andersen is to step down in the next 11 months.

In his place, DSV group chief operating officer Jens H. Lund will take the helm. Mr Lund has been a member of the DSV executive board since 2002, first as group CFO and since 2021 as group COO.

DSV chairman of the board of directors Thomas Plenborg said the company had been on a “fantastic” journey under Mr Andersen’s leadership since 2008.

“He has been instrumental in developing DSV into a leading global freight forwarder with excellent financial results and ultimately in creating significant value for DSV’s shareholders,” Mr Plenborg said.

“It is a true privilege to work with Jens Bjørn and, on behalf of the board of directors, I would like to take the opportunity already now to thank him for his contribution over the years.”

A statement from the company said Mr Anderen was staying on as CEO over the next 11 months to support a “good handover and continuity in the senior leadership team”.

Mr Andersen said he was proud of the results achieved as a team in DSV in his years as group CEO.

“Through large acquisitions, integrations and challenging logistics markets, we have managed to support our customers, create value for our shareholders and – not least – to bring sustainability higher on the agenda,” he said.

Mr Lund said: “I am looking forward, together with the DSV team, to continuing our growth path and taking us to the next level”.