First a quick introduction, Jakob. What was your own path into the financial industry?
It was my interest in macroeconomics that led me to the financial industry. My first job in the financial sector was as a macroeconomist in Nykredit Markets. After some years, I changed to a position in risk management which later led me to a job in Finance Denmark. Now I am back working with risk management here at BNP Paribas Personal Finance. Considering the multifaceted risk picture that surrounds us these days, I believe risk management is key for running a secure and profitably business.
In 2018, 26% of the managers in Danish banks and mortgage banks were women. How do you feel that it affects the industry that only a quarter of managers are women?
As you would expect men and women to have an equal interest of becoming leaders, it is surprising to see the huge difference in the number of men and women that actually gets a position at management level. It should give rise to reflection on why it is so.
Women have always been underrepresented at management level in the financial sector – and most other sectors – thus it is difficult to say what the consequences are specifically, because we have never tried otherwise. What we are missing is therefore difficult to quantify.
However, you would imagine that we miss a lot of potential. When bringing different backgrounds and other differences together in the decision room, I believe that the chance of evaluating a decision from all relevant angles increases, and therefore the outcome will be better