Chief Compliance Officer: Lundbeck has appointed a chief compliance officer to lead ethics and compliance activities for US. The chief compliance officer is responsible for driving a compliant culture across Lundbeck and is responsible for the design, implementation, operation and monitoring of the Compliance Program. The chief compliance officer reports directly to Lundbeck’s executive vice president/head of US and reports to the Board as to compliance matters.
Compliance Committee: Lundbeck has established a Compliance Committee consisting of senior leadership from all company business areas and support functions. The Committee is responsible for advising and supporting the chief compliance officer in the implementation and oversight of the Compliance Program and ensuring Lundbeck’s corporate commitment to abide by all applicable laws and regulations. The Committee is chaired by the chief compliance officer.
The chief compliance officer provides reports on the state of Lundbeck’s Compliance Program to the Compliance Committee and Board multiple times per year.