Justin Jenk
- March 10, 2024
- Business Executive
Quick Facts
Justin Jenk Biography
Birthday | Feb 1 |
Birth Year | 1960 |
Place Of Birth | Maharashtra |
Justin Jenk is one of the most popular and richest Business Executive who was born on February 1, 1960 in Mumbai, India. As of June 1, 2023, Justin Jenk has a net worth approximately $5 Million. In 2003, Dimitris Daskalopoulos, the owner of Delta Holdings, the leading Greek consumer goods company, appointed Jenk as its CEO. Jenk transformed Delta with positive effect on its performance and finances. Based on a full scale restructuring, refinancing, as well as transactions (such as with Nestle and Danone as well as the 2006 absorption of Chipita and four other consumer product companies) resulted in a vibrant company. Delta was a “Grand National sponsor” for the 2004 Athens Olympics. This revitalized company was renamed Vivartia. In 2007, Vivartia was sold to private equity interests for €1.4 billion; Jenk resigned as CEO with this change of ownership. In 2008, Jenk faced legal allegations in Greece regarding his trading of Delta stock shares. In 2015 the Greek Supreme Court found Jenk innocent and vacated all charges against him.
Jenk was born in 1960 in Bombay; now Mumbai, India to Jørgen Jenk and Faith Sisman. His father was an international businessman and decorated war veteran; his mother was a senior royal flights 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, where he read Geography and was a varsity sportsman, graduating with a Bachelor of Arts in 1982. Jenk attended Harvard Business School, graduating in 1988 with an MBA.
In 1982, Jenk joined the Swire Group, the Hong Kong based conglomerate. He worked with its transport-related interests in the Australian, Pacific, Asian and Persian-Gulf regions. With each posting Jenk was responsible for: day-to- day operations; capital budgeting (vessels and aircraft) as well as processes improvements. These postings included: road transport; fishing/cold-storage; logistics; airline management; satellite navigation; as well as bulk/container shipping businesses. Given the nature of the businesses and locations, Jenk was actively engaged in supporting relief efforts for: the 1983 Ash Wednesday fires in Adelaide; the 1984 evacuation for the Rabaul eruption and; the 1985 safe shipping transit in the Persian Gulf during the First Gulf War.
In 1988, Jenk joined McKinsey & Company in its Stockholm office. During his time at McKinsey, Jenk opened and managed eight new offices, including Rio de Janeiro, Athens and Moscow as well as the restructuring of Milan. 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’s team advised the Swedish Government with regard to ‘saving’ Nordbanken, the state-owned bank, from insolvency. The solution was to create Securum, a so-called “bad bank”, that would assume and unwind Nordbanken’s non-performing loans and bad debt. Securum took over a quarter of Nordbanken’s credit portfolio, protecting Nordbanken’s capital, liquidity and operations. This work facilitated the creation of Nordea, one of Europe’s leading banks as well as providing a positive impact to Taxpayers’ funds. In 1993, Jenk was asked to open and lead McKinsey’s Moscow office as part the firm’s expansion into Eastern Europe. He advised Russian companies and businessmen on how to capitalise on the emerging consumer and financial markets. He assisted in the development of VimpelCom Ltd., LOMO, Alfa Capital, and other enterprises as the privatization process unfolded as well as the Hermitage Museum, and World Bank Apex bank programme. Jenk also helped create Russian Standard and Brewpole, with its merger Zywiec- Heineken in Poland. Jenk was instrumental in advising various brewery owners with regard to the development and consolidation of the Greater European beer industry. The current AB InBev has its roots in this process, through Jenk’s support to Interbrew and its owners.
Justin Jenk Net Worth
Net Worth | $5 Million |
Source Of Income | Business Executive |
House | Living in own house. |
Justin Jenk is one of the richest Business Executive from India. According to our analysis, Wikipedia, Forbes & Business Insider, Justin Jenk 's net worth $5 Million.
Height, Weight & Body Measurements
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Justin Jenk Girlfriend
According to our records, Justin Jenk is possibily single & has not been previously engaged. As of January 12, 2023, Justin Jenk’s is not dating anyone.
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Facts & Trivia
Ranked on the list of most popular Business Executive. Also ranked in the elit list of famous people born in India. Justin Jenk celebrates birthday on February 1 of every year.