Board of Directors
The Board of Directors is responsible for the Group's management and monitoring the administration of the Group. The Board has appointed four committees: The Strategy Committee, The Audit Committee, The Risk Committee and The Remuneration Committee.
The board has continuous evaluations of its own work and conducts an annual comprehensive board review. The annual performance review is made available to the nomination committee in its entirety or in excerpts. The annual evaluation is performed in accordance with NUES requirements for board evaluation and the Board Institute's guidelines for board evaluations.
In addition:
- All shareholder-elected board members are non-executive and independent.
- The board members may hold a maximum of four board positions unless the Financial Supervisory Authority has granted a dispensation in accordance with the Financial Undertakings Regulations § 9-2.
- All board members are expected to attend all board meetings, of which each individual member has a minimum expected attendance rate of 100 %. In 2020 this was fulfilled by all board members.
- The board shall have a gender balance that complies with the requirements that follow from the Public Limited Liability Companies Act § 6-11

Didrik Munch
Independent Chairman of the Board Storebrand ASA since 2017
Born
1956
Position
Self employed
Education
- Norwegian Police University College
- Law degree (cand jur.)
Previous positions
- CEO, Schibsted Norway (2011-2018)
- CEO, Media Norge (2008-2011)
- CEO, Bergens Tidende (1997-2008)
- Division Director, DNB (1995-1997)
- Bank Director, DNB (1992-1995)
- Various Management positions, Nevi/Bergen Bank (1987-1992)
- Lawyer, Kyrre AS (1987-1987)
- Police Intendant Bergen Politikammer (1984-1986)
- Police Inspector Oslo/Bergen politikammer (1979-1984)
Positions of trust
- Board Chairman, NWT Media AS
- Board Director, Grieg Maritime Group AS
- Board Director, Lerøy Seafood Group
- Board Chairman, SH Holding (Solstrand Fjord Hotell)
Ownership in Storebrand
Number of shares as of 31 December 2022: 40,000
Number of shares owned by the close associate, NWT Media AS, as of 31 December 2022: 215,000

Karin Bing Orgland
Independent Board member Storebrand ASA since 2015
Born
1959
Position
Self employed
Education
- MSc in Economics and Business Administration (NHH)
- Various management programmes (IMD, BI and Management at Lund)
Previous positions
- Executive Vice President of DNB, and various managerial positions in the same group (1985–2013)
- Consultant, Ministry of Trade and Shipping Handels og skipsfartsdepartementet (1983–1985)
- Board Director and Chair of the Audit Committee at Norske Skog ASA
- Board Director, Norwegian Finans Holding ASA
- Board Director, Scatec Solar ASA
- Board Director, HAV Eiendom AS
- Board Director, Boligselskapet INI AS, Grønland
- Board Chair, Røisheim Hotell AS and Board Director, Røisheim Eiendom AS
- Board Chair, Visit Jotunheimen AS
- Board Director and Chair of the Audit Committee, Grieg Seafood ASA
- Board Chair, GIEK
Positions of trust
- Board Chair, Entur AS
- Board Director and Chair of the Audit Committee, KID ASA
- Board Director, Eksportfinansiering Norge (eksfin)
- Board Director and Chair of the Audit Committee, NRC Group ASA
Ownership in Storebrand
Number of shares as of 31 December 2022: 27,000

Martin Skancke
Independent Board member Storebrand ASA since 2014
Born
1966
Position
Independent consultant
Education
- Authorized financial analyst (Norwegian School of Economics)
- MSc Econ (London School of Economics and Political Science)
- Intermediate level Russian (University of Oslo)
- International Finance Programme (Stockholm School of Economics)
- MSc in Economics and Business Administration (Norwegian School of Economics)
Previous positions
- Special Adviser, Storebrand (2011–2013)
- Deputy Director General and Director General, Ministry of Finance (1994–2001, 2006–2011)
- Director General, Prime Minister's (2002–2006)
- Management Consultant, McKinsey & Company (2001–2002)
Positions of trust
- Board Director, Norfund
- Board Chair, Principles for Responsible Investment (PRI)
- Board Director, Storebrand Livsforsikring AS
- Member of the Task Force on Climate-related Financial Disclosure (TCFD)
Ownership in Storebrand
Number of shares as of 31 December 2022: 32,000

Marianne Bergmann Røren
Independent Board member Storebrand ASA since 2020
Born
1968
Position
- CEO, Mesta AS
Education
- Master in Law, University of Oslo, Norway
Previous positions
- Danske Bank Corporate & Institutions (2007-2019)
- Global Head of COO Office
- Global Head of Risk
- Global Head of AML Program
- COO and Deputy Country Manager
- Chief Legal Adviser
- Managing Associate (lawyer), Thommessen (2005-2007)
- Managing Associate and Associate (lawyer), Wiersholm (2001-2005)
- Advisor and international coordinator, Finanstilsynet (the Financial Supervisory Authority of Norway) (1999-2001)
- Lawyer, Advokatfirmaet Arthur Andersen (1998-1999)
Position of trust
- Member of the Corporate Assembly, Telenor ASA
- Board Director, SmartCraft ASA
Ownership in Storebrand
Number of shares as of 31 December 2021: 5,000
Number of shares owned by the close associate: 2,000

Karl Sandlund
Independent Board member Storebrand ASA since 2019
Born
1977
Position
COO, AcadeMedia AB
Education
MSc Industrial Engineering and Management, University of Linköping
Previous positions
- Executive Vice President & CCO, SAS (2019-2022)
- EVP Commercial, SAS (2017-2020)
- EVP & Chief Strategy Officer, SAS (2014-2017)
- Vice President, Network, SAS (2009-2014)
- Vice President, Commercial, SAS (2007-2009)
- Vice President, Corporate Development, SAS (2006-2007)
- Director, Business Strategies, SAS (2004-2006)
- Consultant, McKinsey & Company (2001-2004)
Ownership in Storebrand
Number of shares as of 31 December 2022: 7,000

Christel Elise Borge
Independent Board member Storebrand ASA since 2021
Born
1967
Position
CEO, Entur AS
Education
- Master of computer science (NTNU)
- INSEAD MBA Programme, Fontainebleu
Previous positions
- Telenor ASA (2005-2020)
-
- CEO, Dipper AS
- Senior Vice President, Head of Group Strategy and CEO Office
- Senior Vice President, Head of Group Strategy and Portfolio Development
- Strategy Director, Telenor Nordics, Oslo
- Strategy Advisor, Innovation AS (2002-2004)
- Project Manager, Schibsted (2001)
- Director, Cell Network AS (2000-2001)
- Strategy Advisor, McKinsey & Company (1991-1999)
- Board Director, Sparebank1 Midt-Norge, SND Invest, Telenor Digital, Telenor Denmark, Talkmore, Component Software
Ownership in Storebrand
Number of shares as of 31 December 2022: 11,000

Fredrik Åtting
Independent Board member in Storebrand ASA since 2020
Born
1968
Position
Partner EQT
Education
- MSc (Stockholm School of Economics)
Previous positions
- Various positions in EQT, Sweden, Hong Kong, Germany and England (1996-)
- Associate, Enskilda Securities, Sverige (1993-1996)
Position of trust
- Member of the Nomination Comittee, Securitas AB
- Member of the Nomination Comittee, Storytel AB
Ownership in Storebrand
Number of shares as of 31 December 2022: 400,000
Number of shares owned by the close associate, EQT Public Value Investments S.à r.l, as of 31 December 2022: 14,900,000

Hanne Seim Grave
Employee elected board member Storebrand ASA since 2021
Born
1974
Position
Senior Authorized Insurance adviser, Storebrand Forsikring AS
Education
- Market Economist
- Insurance Academy
- KanFinans and Finaut
Previous positions
- Authorized Insurance adviser, Akademikernes forsikringskontor
- Storebrand Livsforsikring - advisor
- Storebrand Livsforsikring - customer service
- IF Skadeforsikring - Training responsible
- Storebrand Skadeforsikring - support
- Storebrand Skadeforsikring - sales
- Manpower - Storebrand Eiendom
Ownership in Storebrand
Number of shares as of 31 December 2022: 650

Hans-Petter Salvesen
Employee elected board member Storebrand ASA since 2020
Born
1968
Position
Head of Union Representatives, The Finance Sector Union of Norway in Storebrand ASA
Education
- Marketing Communications, BI Norges Markedshøyskole/NMH
- People Management, Høyskolen i Akershus
Previous positions
- Sales Manager Storebrand Bank ASA (2016-2020)
- Sales Manager Storebrand Finansiell Rådgivning AS (2014-2016)
- Head of Dialogue Marketing/CRM Storebrand ASA, (2012-2014)
- Operational Manager Storebrand Baltic UAB (2010-2012)
- Key Account Manager, Storebrand Bank ASA (2005-2010)
- Web Manager/Project Management Storebrand Bank ASA (2003 – 2005)
- Web Manager/Project Management Finansbanken ASA (2000-2003)
- Employee Gjensidige Forsikring (1988-2000)
Ownership in Storebrand
Number of shares as of 31 December 2022: 0

Bodil Catherine Valvik
Employee elected board member Storebrand ASA since 2020
Born
1973
Position
Head of Fund Administration in Storebrand Asset Management ASA
Education
BA(Hons) Travel & Tourism Management, University of Northumbria at Newcastle
Previous positions
- Manager, Customer Services, Public pensions, Storebrand Pensjonstjenester AS (2018-2020)
- Manager, Customer Service, Pension & Savings, Storebrand PM (2013-2018)
- Manager Customer Service Link and Mutal Funds, Storebrand Kapitalforvaltning (2007-2012)
- Manager Customer Service Link, Storebrand Livsforsikring (2002-2006)
- Manager for Helpline Link, Storebrand Livsforsikring (2001-2002)
- Financial advisor, Storebrand Livsforsikring (1999-2001)
Ownership in Storebrand
Number of shares as of 31 December 2022: 1,910