Senior vice president and corporate & institutions - legal | Danske Bank A/S
Ole Jørgensen
Senior vice president and corporate & institutions - legal | Danske Bank A/S
Ole Jørgensen, as senior vice president and lawyer, was tasked with establishing a legal department that is better suited to Danske Bank’s cross-border nature. Jørgensen collated the legal activities of lawyers in four Nordic countries into one legal department, successfully overcoming the challenges of varying cultural work ethics, while generating a resilient sense of team work. In his current role for Danske Bank, Jørgensen has had the unique opportunity to influence policies governing the financial sector of Denmark. Seizing this opportunity, he has efficaciously, within a committee, invented a new loan category for financing the purchase of households, namely the Flex Loan. Moreover, he has taken his legal responsibility to new heights by attaining licencing to issue cover bonds in which the revenue goes towards the purchase of houses, introducing this tool to Danske Bank in 2005, making it the first bank to implement said licensing. His effort in legal finance has not gone unheard of, with one source noting that ‘during the recent years, Ole has been working on some of the most significant and high-profile insolvencies and restructuring processes in the Scandinavian markets’. His exertions on financial legal policy deserves recognition, with his creativity and hard work making him an indispensable component of Danske Bank.