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 CommitteeThe 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 100 percent of the board meetings.

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 (1956)

Chairman of the Board Storebrand ASA since 2017

Didrik_sirkel

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

  • Chairman of the Board, NWT Media AS
  • Board member, Grieg Star Shipping
  • Board member, Lerøy Seafood Group
  • Chairman of the Board, SH Holding (solstrand Fjord Hotell)

Ownership in Storebrand

Number of shares as of 31th December 2020: 40 000

Laila S. Dahlen (1968)

Board member Storebrand ASA since 2013

Larila_sirkel

Position

CPO, Schibsted News Media

Education

  • State Authorized Accountant (NHH)
  • MSc in Economics and Business Administration (BI Norwegian Business School)
  • Master of Science in Finance (University of Wisconsin)

Previous positions

  • SVP, Product and UX, Schibsted Marketplaces/Adevinta ASA (2017-2019)
  • Product Director Finn.no AS (2011-2017)
  • COO Kelkoo/Yahoo, London (2007-2009)
  • VP Marketplace Yahoo Europe, London (2006-2007)
  • Regional Manager Scandinavia and the Netherlands Kelkoo/Yahoo, Stockholm (2003-2006)
  • VP International Operations Kelkoo, Paris (2000-2001)
  • Manager PwC, Oslo (1993-2000)

Positions of trust

  • Board Member, Finn.no AS
  • Board Member, Lendo AS
  • Board Member, E24 AS
  • Board Member Schibsted Products & Technology AS

Ownership in Storebrand

Number of shares as of 31th December 2020: 15 500

Karin Bing Orgland (1959)

Board member Storebrand ASA since 2015

Karin_sirkel

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 DNB and various other managerial positions in the same group (1985-2013)
  • Consultant, Norwegian Ministry of Trade and Shipping (1983–1985)
  • Board Member and Head of Audit Committee Norske Skog ASA
  • Board Member Norwegian Finans Holding ASA
  • Board Member Scatec Solar ASA
  • Board Member HAV Eiendom AS
  • Board Member Boligselskapet INI AS, Grønland
  • Chairman of the Board Røisheim Hotell AS and Board Member Røisheim Eiendom AS
  • Chairman of the Board Visit Jotunheimen AS
  • Board Member and Head of Audit Committee Grieg Seafood ASA

Positions of trust

  • Chairman of the Board, GIEK
  • Charman of the Board, Entur AS
  • Board Member and Head of Audit Committee, KID ASA
  • Board Member in GIEK

Ownership in Storebrand

Number of shares as of 31th December 2020: 27 000

Marianne Bergmann Røren (1968)

Board member Storebrand ASA since 2020

Marianne Røren_sirkel

Position

  • CEO, Mesta AS

Education

  • Cand.Jur. (University of Oslo)

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 nomination comittee, Telenor ASA
  • Board member EBA

Ownership in Storebrand

Number of shares as of 31th December 2020: 0

Karl Sandlund (1977)

Board member Storebrand ASA since 2019

Karl_sirkel

Position

Executive Vice President & CCO, SAS

Education

MSc Industrial Engineering and Management, University of Linköping

Previous positions

  • EVP Commercial, SAS
  • 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 31th December 2020: 3 000

Martin Skancke (1966)

Board member Storebrand ASA since 2014

Martin_sirkel

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

  • Chairman of the Board, Principles of Responsible Investments (PRI)
  • Board member, Norfund
  • Board member, Storebrand Livsforsikring AS

Ownership in Storebrand

Number of shares as of 31th December 2020: 27 500

Fredrik Åtting (1968)

Board member in Storebrand ASA since 2020

Fredrik_sirkel

Position

Partner and CO-Head of EQT Public Value

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

  • Chairman of the nomitation committee, BHG Group AB
  • Chairman of nomitation committee, Adapteo Plc

Ownership in Storebrand

Number of shares as of 31th December 2020: 0

Number of shares owned by the close associate, EQT Public Value Investments S.à r.l, as of  7th December 2020: 18 500

Magnus Gard (1978)

Employee elected board member Storebrand ASA since 2019

Magnus_sirkel

Position

Team Manager BM New Business 

Education

MSc in Economics and Business Administration (Norwegian School of Economics)

Previous positions

  • Account Manager Partners PM (2020)
  • Sales Manager Pension and Investements (2013-2019)
  • Authorized financial advisor, Storebrand Livsforsikring AS (2007-2013)
  • Account Manager Mamut ASA (2004-2007)
  • Rosa Index ASA Storebrand (2004)
  • Centennial AS (2003-2004)

Ownership in Storebrand

Number of shares as of 31th December 2020: 1 633

Hans-Petter Salvesen (1968)

Employee elected board member Storebrand ASA since 2020

Hans Petter_sirkel

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 31th December 2020: 0

Bodil Catherine Valvik (1973)

Employee elected board member Storebrand ASA since 2020

Bodil_sirkel

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 31th December 2020: 870