Wenche Agerup – GC Powerlist
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Norway 2017

Telecommunication services

Wenche Agerup

Executive vice president, general counsel and chief corporate affairs officer | Telenor

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Norway 2017

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Wenche Agerup

Executive vice president, general counsel and chief corporate affairs officer | Telenor

About

Wenche Agerup moved in-house in 1993 after a successful three year spell at law fi rm Thommessen, Krefting, Greve & Lund. She made the move having worked closely with in-house counsel as an associate and relishing the opportunity of having greater connection with the company and its businesses. As a result she joined Hafslund Nycomed, a large Norwegian pharmaceutical company, working on various corporate legal work, negotiations and M&As. In 1997, Agerup joined the legal team at Norsk Hydro, the global aluminium and renewable energy company. She held a number of senior positions there including Head of the corporate M&A department where she was instrumental in delivering a NOK 10bn divestment program ‘which resulted in approximately 10 divestments during the 3 year period’ from 2001 until 2004. In 2004 she was also responsible for successfully arranging Yara’s listing on the Oslo Stock Exchange. Another notable position Agerup held was project director for Norsk Hydro’s joint venture with the Australian company UMC which involved her moving to Perth, Austrialia for two years. However she returned to Norway in 2010 to become Norsk Hydro’s executive vice president, corporate staff s and general counsel spending a total of five years in the position. Highlights for Agerup in that distinguished position include developing key corporate strategies and action plans and delivering corporate cost improvement programs, change management processes. Having worked hard to create a formidable career, Agerup was recruited by Telenor Group in 2015 to become the major mobile operator’s executive vice president, general counsel and chief corporate aff airs officer. Fearless in her approach Agerup is quoted as saying ‘I wasn’t worried about entering a new industry‘, when describing the move. In 2017, she was involved in a deal that saw Telenor sign a global agreement with Netfl ix that will see the streaming service integrated with both Telenor’s TV platforms in Europe and mobile operations in Asia.

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