Personal Data:


Erik Palsbo


Valmuevej 9,
DK3390 Hundested


(+45) 3976 0508

(+45) 6060 8275 (mobile)




July 28th, 1943

Civil status:

Married to Kirsten Palsbo since 1974

One daughter: Susanne Palsbo born 1969


Danish (fluent),
English (fluent),
German (conversation),
'Scandinavian' (conversation),
French for travel purpose.
Spanish for travel purpose.

Table of content:


Key characteristics:

·         Extensive experience in General management and IT management

·         Extensive experience in Executive Consulting

·         Extensive experience in Program-/Project management

·         Extensive (broad and deep) knowledge of Information technology

·         Strong knowledge of Banking and Airline business and technology

·         Have visions and strategic approach and motivates by change


Areas of experience

General management and organization

  • General Manager.
  • Development and implementation of IT-strategies.
  • Organizational development
  • Board member
  • Staff management and training.
  • Business analyses
  • IT-management


Staff management

  • Managed company with 35 employee
  • Employment, deployment, conflict handling, appraisals, training- and personal development plans
  • Motivation, coaching and mentoring
  • Employee contract and salary negotiation


Project-/Program management

  • Program management, large programs with many projects involved
  • IT infrastructure projects
  • ERP projects
  • Organizational development projects
  • Web development projects
  • Euro implementation project
  • Hardware development projects



  • Procurement including RFP, evaluation, selection and contracts
  • Temporary Sales management
  • Bid management
  • Contract negotiation
  • Contract evaluation



  • Speaker on international conferences
  • Management and board reporting
  • Staff communication


International experience

  • Projects and consultancy in USA, England, Holland, Belgium, Luxembourg, Germany, Switzerland, Spain, Sweden Norway, Finland, Czech republic, Slovak republic, Singapore, Hong Kong



  • IT Strategy development
  • IT Management
  • Procurement
  • Organizational development



  • IT management
  • Hardware and software design and development
  • System analyses
  • System design
  • Programming
  • Test



  • Branch operation
  • International banking
  • Arbitrage & Dealing
  • Accounting


Formal Education:



Studying Political Science at University of Copenhagen



1961 - 1969

Commercial and Banking university


Several managerial and technical courses


Career – overview:







1997 - 2005

Scandinavian IT Group/CSC

Project director

1996 - 1997

Own company

Management consultant

1994 - 1996


Vice president /Mgm. consultant

1989 - 1994

Down Jones Telerate (Denmark)

Managing director/Nordic IT operations manager

1987 - 1989


System Manager

1979 - 1987

Privatbanken A/S (now Nordea)

Vice president

1978 - 1979


System Manger

1962 - 1978

Privatbanken A/S (now Nordea)

Banking and IT

Career - detailed:





Scandinavian IT Group Acquired by CSC (Computer Science Corporation)

Project Director: Program management, Executive consulting, Organizational development

1997 - 2005

Scandinavian IT Group A/S (Scandinavian Airline System)

1996 -

Own Company:

Executive consulting, IT-strategy development for banks in Czech republic, Slovak republic, Turkey and German.

1995 - 1996

Computer Resource International A/S (CRI), from 1996 acquired by WM data A/S

Vice-president Financial systems division

Executive consulting, IT-strategy development for banks in Czech republic, Slovak republic and Germany,

1989 - 1994

Dow Jones Telerate.

Managing Director Dow Jones Telerate Denmark A/S

Member of the board of directors of Dow Jones Telerate Denmark A/S

Member of the Nordic Management team of Dow Jones Telerate.

Operations Manager, Nordic (Denmark, Sweden, Norway, Finland, Baltic).

1986 - 1989

Siemens A/S (Denmark)

System Manager responsible for System support and technical support of PC and LAN.

1979 - 1986

Privatbanken A/S

(later Unibank A/S, now Nordea)

Vice president responsible for Spcial Development department including strategic IT-planning and special projects.

1978 - 1979

NCR-Denmark A/S

System Manager. Primary working with NCR's head office in Ohio, USA, designing new bank terminal system.

1962 - 1978

Privatbanken A/S

(later Unibank A/S, now Nordea)

Vice President: Project manager, branch front office terminal system.

System programmer.


Trainee, Banking

1962 - 1965

Banking trainee. Privatbanken A/S.

Branches and head office.


Significant Activities:

As an employee or as an independent consultant





1994 -

SITA Denmark:

Network design project, account management and IT strategy.

1988 - 1989

Shell International, Holland, England and Norway.

Development contract: Test system for an international point of sale system/network. The development included X25, X21, HDLC-lapB and async. Communication and encryption.


Danish ministry if education.

Member on committee for planning of Danish IT-education. Subject "Hardware and system software, mini and micros"

Training of teachers

1986 - 1987

Shell Denmark. 

Development contract: Test system for danish point of sale system.

1983 - 1986

"Pengeinstitutternes Købe- og Kreditkortselskab".

Development contract: System for generating, distribution and administration of encryption keys.

Development contract: Design and development of test system for point-of-sale system “Dankort” (remote and central equipment).

1982 - 1985

"Furrer & Gloor GmbH" in Zurich

Development of hardware and software for microprocessor system.


Danish engineering society, DIEU.

Conference presentations


Nixdorf Computer, Australia..

Conference Presentations in Sydney and Melbourne on banking automation.


SICOB Conference, Paris.

Conference Presentation.


Birk & Krogboe.

Consulting on banking system in Kuwait

1980 - 1983

Inter Alpha Banking Group

Consultant for banks in Hong-Kong and Singapore.


Military Service, “Sjællandske Telegrafregiment”



 Other activities:



2000 -

Member of “Goodwill ambassador group” at Symbion Science Park, Copenhagen.


CO founder of "TEKNOFO". An association of IT-pioneers!. The members have had "management influence on significant IT project and have been working with information technology for at least 10 years". As a co-founder, I was member of the board until 1991.

1982 - 1985

Chairman of the board in the company "Computerman A/S" (consultants and selling of microcomputer equipment).

1974 - 1976

Member of the board of directors of Privatbanken A/S elected by the staff.

1970 - 1976

Member of the board of employees association in Privatbanken and Danish bankers association (DBL).


Other information:

As commercial basis for the above mentioned private activities I have formed the company "ERIK PALSBO DATATEKNIK".

I have a strong personal interest in technology and since 1960 I have been a licensed radio amateur (highest rating).

I have been teaching IT in various groups and associations and made several speeches on IT and IT management.

I have also developed systems for data communication via short wave radio. This system is still in use by radio amateurs throughout the world.

Other interests include playing music and I hold a Private Pilot License