Bad press drives Danish FSA board member to quit after five days

first_img“I have therefore informed the Ministry of Trade and Industry that I am resigning from the board,” said Ørting, who is currently chair of the advisory board of the World Economic Forum’s Centre for Cybersecurity.Ørting’s appointment was one of four Danish FSA board hires announced last week, which filled a number of vacancies.Following the appointment, citing unnamed sources Danish financial news service FinansWatch reported that during the time between 2015 and 2018 when Ørting was employed as head of security at Barclays, he had been a key figure in a hunt for a whistleblower.Looking for IPE’s latest magazine? Read the digital edition here. One of the Danish FSA’s four new board members appointed last Wednesday, Troels Ørting Jørgensen, has already quit following news reports about his role in a whistleblower scandal at UK bank Barclays, according to a statement from the authority (Finanstilsynet).The FSA announced today: “Troels Ørting has notified the Ministry of Business Affairs that he is resigning from the Danish Financial Supervisory Authority’s board.”In the statement, Ørting (also spelled as Oerting) is quoted as saying: “I have taken note of the latest mention in the press.“Although there is no substance for the criticism that is being raised, I have come to the conclusion that this should not stand in the way of the important work of the Danish Financial Supervisory Authority in the coming years,” he said.last_img

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