Leadership

Danske Commodities has a two-tier management structure. The Board of Directors supervises the performance of the company and participates in determining the company strategy. Executive Management is responsible for daily operations. No person serves as a member of both bodies.

SENIOR MANAGEMENT GROUP

The Senior Management Group is responsible for the execution of strategic initiatives and for the operative supervising of the organisation by management of the overall performance of the company through target setting, monitoring and follow-up.

The Senior Management Group ensures that we deliver on our strategic targets, continuously live our corporate values and that these values are embedded in our organisation.

Danske Commodities' CEO Helle Østergaard Kristiansen

HELLE ØSTERGAARD KRISTIANSEN

CEO

Helle Østergaard Kristiansen was born in 1978 in Hobro, Northern Jutland. For almost a decade, Helle has been instrumental in shaping Danske Commodities, and she has helped grow the organisation from 30 to 300 employees in her previous roles as CRO and CFO.

Helle has a background in the banking sector and has a Master's in Business Economics and Auditing from Aarhus University. She lives in Aarhus with her husband and three children.

LARS TROEN SØRENSEN

CFO and VP, Head of IT & Finance

  • Appointed to the SMG in March 2019.
  • Background: Various management positions globally in Equinor, including Head of Investor Relations, Head of Finance & Control in Russia, Country Manager in Azerbaijan, CFO in Tanzania and Head of Government & Regulatory Affairs in the UK. Treasurer at Maersk UK. Sales Representative at IBM.

Contact Lars Troen Sørensen

LARS TROEN SØRENSEN

JAKOB SØRENSEN

CRO and VP, Head of Risk Management

  • Appointed to the SMG in March 2019.
  • Background: Various positions in Danske Commodities, including Senior Trader, Head of Power Markets, Head of Market Analysis and Head of Risk Management.

Contact Jakob Sørensen

Jakob Sørensen
Jesper Tronborg

JESPER TRONBORG

VP, Head of Power Trading & Origination

  • Appointed to the SMG in August 2014.
  • Background: Head of Gas trading at Danske Commodities. Head of Markets at Statoil Gazelle. Oil & Gas Trader at Energi Danmark. Various positions globally with Maersk Group.

Contact Jesper Tronborg

Michael Vincent

MICHAEL VINCENT

VP, Head of Gas Trading & Origination

  • Appointed to the SMG in March 2019.
  • Background: Short Term Gas Team Lead at Neas Energy (curr. Centrica). Various trader positions at Nordea and Lind Capital.   

Contact Michael Vincent

MARIE-LOUISE BREBØL CHRISTENSEN

VP, Head of People & Culture

  • Appointed to the SMG in March 2019.
  • Background: Head of Compensation & Performance Management at Danske Commodities. Interim Head of People & Communication at Lind Capital. Associate lawyer at Bech-Bruun, Lett Lawfirm and SJ Law. International roles in London and Zürich at Hospital Corporation of America and Novo Nordisk.

Contact Marie-Louise Brebøl Christensen

MARIE-LOUISE BREBØL CHRISTENSEN

JESPER PAPE LARSEN

VP, Head of Legal & Compliance

  • Appointed to the SMG in March 2019.
  • Background: Head of Legal & Compliance at Danske Commodities. Senior Legal Advisor at Vestas. Lawyer at Dahl Law.

Contact Jesper Pape Larsen

JESPER PAPE LARSEN

BOARD OF DIRECTORS

ABOUT THE BOARD OF DIRECTORS

The Board of Directors is responsible for ensuring that the overall strategic management and the financial and managerial control of the group are conducted adequately in all respects. They act as formal advisors to the Senior Management Group.

As a collective body, the members of the Board combine key industry insights, expertise from European energy markets, risk management and financial skills with several years of management experience from international businesses.

Tor Martin Anfinnsen

TOR MARTIN ANFINNSEN

CHAIRMAN

Born: 1960
Occupation: Senior Vice President, Marketing and Trading, Equinor ASA
Key skills: Energy trading and marketing, energy value chains, strategy, business and people management.
Background: BSc. in Business (hon). Senior Vice President, Marketing and Trading, Midstream and Processing, Equinor ASA. Joined Equinor in 1991. More than 20 years of management experience from the energy sector.

Helge Haugane

HELGE HAUGANE

VICE CHAIRMAN

Born: 1978
Occupation: Vice President, Finance & Control, Marketing, Midstream and Processing, Equinor ASA
Key skills: Finance, strategy, valuations, risk management, performance management, M&A and upstream oil and gas.
Background: MSc in Economics and Finance. Joined Equinor in 2003. Previously held the role as CFO for Equinor’s US business. 

Siv Helen Rygh Torstensen

SIV HELEN RYGH TORSTENSEN

BOARD MEMBER

Born: 1970
Occupation: Vice President, Communication, CEO Office, Equinor ASA
Key skills: Corporate governance, anti-corruption and ethics, corporate law, M&A, general management, emergency preparedness, petroleum law including midstream and downstream.
Background: MSc in Law. Joined Equinor in 1998. Previous legal experience from the private and public sector. 

Peter L. Ravn

PETER L. RAVN

BOARD MEMBER

Born: 1955
Occupation: Professional board member
Key skills: IT, risk management, corporate governance, leadership and internationalisation.
Background: MSc in Engineering and PhD in System Science. Diploma in Business Administration (Finance and Credit). Long-standing career at SimCorp (1983-2012), 11 years as CEO.

Jens-Peter Saul

JENS-PETER SAUL

BOARD MEMBER

Born: 1966
Occupation: President & CEO, Rambøll Group, Denmark
Key skills: General Management, sales, internationalisation, energy and growth.
Background: BSc in Engineering (Energy and Process Technology). Former President and CEO, Siemens Wind Power, Denmark.

Jens Økland

JENS ØKLAND

BOARD MEMBER

Born: 1969
Occupation: Senior Vice President, Business Development, New Energy Solutions, Equinor ASA
Key skills: Energy sales and markets, business development, strategy and management.
Background: MSc in Business. Joined Equinor in 1994. Experienced leader with broad knowledge of the entire energy value chain.  

Board member Molly Morris

MOLLY MORRIS

BOARD MEMBER

Born: 1976
Occupation: VP Marketing and Trading, Products and Liquids, Equinor ASA
Key skills: Energy trading and marketing, leadership, global markets, risk management.
Background: BSc in Chemical Engineering. Joined Equinor in 2008. More than 10 years' trading experience in the US and global markets across several commodities.   

Board member Henrik Lind

HENRIK LIND

BOARD MEMBER

Born: 1975
Occupation: CEO of Lind Invest
Key skills: Energy trading, general management, business strategy, financial markets, business development
Background: Diploma in Business Administration. Founder of Danske Commodities. Various board memberships, including in Blue Equity Management A/S and Scandinavian Private Equity A/S.  

OUR FIVE MANAGEMENT PRINCIPLES

A strong culture is the greatest source of competitive advantage, and a company’s culture is the responsibility of the leadership.

 

This is why we have developed five management principles:

  1. Set clear expectations and ambitious targets
  2. Follow up on performance and give feedback frequently
  3. Acknowledge, stretch and reward key players
  4. Develop low performers
  5. Celebrate our successes

The principles are firmly incorporated in the way we think and practice leadership every day. They guide management in ensuring a winning culture. For the benefit of our company, our people and our business partners. 

A FORCE TO GUIDE US

Our values define us as a company – and as individuals – by providing the framework for how we conduct business. They guide us in everything we do, from strategic business decisions to day-to-day activities. We create a unique, diverse and dynamic culture by adhering to our values:

 

Our values

Danske Commodities offices
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Financials

Financial overview

Innovation, speed to market and business acumen have been key factors in Danske Commodities' solid financial performance over the years.

Danske Commodities Annual Report 2018
Annual Report

Annual Report 2018

Thanks to our dedicated people and short response time in volatile energy markets, 2018 was our strongest performing year to date.