Senior legal counsel | Danske Commodities A/S
Wendi Ring
Senior legal counsel | Danske Commodities A/S
Danske Commodities specialises in trading power, gas and certificates while delivering services to the energy market. When Wendi Ring, now senior legal counsel at Danske Commodities, first joined the company the legal department was small in number and held limited experience of dealing with legal in the energy market, thus relying heavily on external counsel. Ring has played a fundamental role in bringing the legal dealings in-house, she was heavily involved in training new legal counsel and in providing a platform within the legal department to share experiences and grow as a team. The team has now progressed to developing contacts for customised products and negotiating large complex contracts in-house, rather than solely dealing with standard contracts. In order to nurture the growth of knowledge, Ring has taken the initiative to draft guidelines that mandate procedures during contract negotiations, while taking on the responsibility of ensuring that the department are on top of all new and changing regulations that are common to the volatile energy market. She has also enlisted the department with the European Federation of Energy Traders that not only allows for colleague networking but allows the business to benefit from being aware of all new and relevant legislation. Ring’s leadership in developing the team knowledge and expanding the legal department to interact with the business in a constantly changing market is commendable.