Justin Jenk
| Justin Jenk | |
|---|---|
| Born |
Justin Michael Spencer Jenk February, 1960 Mumbai, India |
| Nationality | British-Danish |
| Alma mater | Harvard Business School University of Oxford Davidson College |
| Occupation | Management consultant, Business executive, Entrepreneur, Investor |
| Home town | Stockholm, Sweden |
Justin Michael Spencer Jenk (born February 1960) is a British-Danish business executive and investor. He is a co-founder of advisory firm Raktas, and a major investor in multiple start-up companies including Venturethree, Danfoss-Turbocor, Arcam and Neit.
As a partner at both McKinsey & Company and Accenture, Jenk helped build both firms' global presence as well as advised a number of international clients in the consumer goods, industrial and financial sectors. He helped to implement bad bank approaches in Europe, notably with Securum and Swedbank.
Jenk was born in 1960 in Mumbai, India to Jorgen Jenk and Faith Sisman. His father was an international businessman and war veteran and his mother was a senior stewardess for BOAC. Jenk was brought up in India, Switzerland, the United States and the United Kingdom.
Jenk attended both Westminster School and St Paul's School in London. In 1978, he won a Dean Rusk scholarship to Davidson College in North Carolina. He then attended the University of Oxford and graduated with a Bachelor of Arts in Geography in 1982.
Jenk joined Swire Group in 1982, working for the Group's transport interests in the Australia, Pacific, Asia and Persian Gulf regions. In 1988, he graduated from Harvard Business School with an MBA.
In 1988, Jenk joined McKinsey & Company in its office. During his time at McKinsey, Jenk opened and managed eight new offices, including Rio de Janeiro, Athens and Moscow. He also co-founded McKinsey's Strategy and Corporate Finance Practice in London. In 1992, at the height of the financial crisis in Sweden, Jenk advised the Swedish Government on how to save Nordbanken, the state-owned bank, from insolvency. The solution was to create Securum, a so-called "bad bank" that would assume and unwind Norbanken's non-performing loans and bad debt. Securum took over a quarter of Nordbanken's credit portfolio, protecting Nordbanken's capital, liquidity and operations.
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