Gunn Wærsted
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Gunn Wærsted (born 16 March 1955) is a
Norwegian Norwegian, Norwayan, or Norsk may refer to: *Something of, from, or related to Norway, a country in northwestern Europe *Norwegians, both a nation and an ethnic group native to Norway *Demographics of Norway *The Norwegian language, including the ...
businessperson, with prominent positions in finance and banking. She was born in Vråliosen as a daughter of power plant manager Atle W. Wærsted and Ester Helgerud (1920–). The family moved to
Drammen Drammen () is a city and municipality in Viken (county), Viken, Norway. The port and river city of Drammen is centrally located in the south-eastern and most populated part of Norway. Drammen municipality also includes smaller towns and village ...
when Wærsted was six years old. She graduated with the siv.øk. degree from
BI Norwegian Business School BI Norwegian Business School () is the largest business school in Norway and the second largest in all of Europe. BI has in total four campuses with the main one located in Oslo. The university has 845 employees consisting of an academic staff o ...
in 1979. She was hired in Andenæsgruppen as a secretary in the same year, and soon advanced to
chief financial officer The chief financial officer (CFO) is an officer of a company or organization that is assigned the primary responsibility for managing the company's finances, including financial planning, management of financial risks, record-keeping, and financ ...
. She left five years later to work in the investment company
Nevi Nevus (plural nevi) is a nonspecific medical term for a visible, circumscribed, chronic lesion of the skin or mucosa. The term originates from ''nævus'', which is Latin for "birthmark"; however, a nevus can be either congenital (present at bir ...
in
Fyllingsdalen Fyllingsdalen () is a borough of the city of Bergen in Vestland county, Norway. The borough is located southwest of the city centre in the Fyllingsdalen valley, west of the mountain Løvstakken. The neighbourhoods of Fyllingsdalen mainly consist ...
. The company Nevi Investor was established in 1987, and later changed its name to DnB Investor. Nevi had been bought by
Bergen Bank Bergen Bank was a Norwegian commercial bank in existence between 1975 and 1990. It was created as a merger between Bergens Privatbank (founded in 1855) and Bergens Kreditbank (founded in 1928) while the bank Kvam Privatbank was acquired in 1979. ...
which was then bought by
Den norske Bank Den norske Bank or DnB was a Norwegian bank that existed between 1990 and 2003 when it merged with Gjensidige NOR to form DnB NOR (now DNB ASA). The bank's headquarters were in Bergen, Norway. DnB was created as a merger between Bergen Bank and ...
(DnB). Wærsted was a director in Den norske Bank from 1993 to 1995. Den norske Bank then bought Vital, and from 1996 to 2001 Wærsted was the CEO of
Vital Forsikring Vital Forsikring ASA, branded as Vital is Norway's largest life insurance and pension insurance company, and part of the DnB NOR Group. Though Vital has roots back to 1847, it was created in its present form by a merger between Vital and Gjen ...
and of DnB Holdning. In 2001 she was headhunted as CEO of Sparebank 1 Gruppen. In 2007 she resigned in Sparebank 1 Gruppen, and one month later she was hired in the Group Executive Management of multinational company
Nordea Nordea Bank Abp, commonly referred to as Nordea, is a European financial services group operating in northern Europe and based in Helsinki, Finland. The name is a blend of the words "Nordic" and "idea". The bank is the result of the successive m ...
. She became the country senior executive in Norway in 2008. In October 2000, when the
Norwegian State Railways Vygruppen, branded as Vy, is a government-owned railway company which operates most passenger train services and many bus services in Norway. The company is owned by the Norwegian Ministry of Transport. Its sub-brands include Vy Buss coach se ...
had been rocked by turmoil for a while, Wærsted was installed as deputy chair in the board. She left in June 2001. When she left the DnB system later in 2001 she was the chair of DnB Kapitalforvaltning, DnB Investor, Fondsforsikringsselskapet Vital Link and Vital Skade. She was also a board member of BI Norwegian Business School and Doorstep, and is a corporate council member of
Orkla Group Orkla ASA is a Norwegian conglomerate operating in the Nordic region, Eastern Europe, Asia and the US. At present, Orkla operates in the branded consumer goods, aluminium solutions and financial investment sectors. Orkla ASA is listed on the Os ...
and council member of
Det Norske Veritas DNV (formerly DNV GL) is an international accredited registrar and classification society headquartered in Høvik, Norway. The company currently has about 12,000 employees and 350 offices operating in more than 100 countries, and provides ser ...
and the
Norwegian Banks' Guarantee Fund The Norwegian Banks' Guarantee Fund administers the deposit guarantee, which guarantees deposits in Norwegian banks. The Norwegian Banks' Guarantee Fund is regulated by the Act on the Norwegian Banks’ Guarantee Fund of 23 March 2018 and the Finan ...
. From 2005 to 2007 she chaired the Norwegian Financial Services Association. She is now a board member of both the Norwegian Financial Services Association and
Finance Norway Finance Norway ( no, Finans Norge) is the industry organisation for the financial industry in Norway. Finance Norway represents more than 200 financial companies with around 50,000 employees. It was established on 1 January 2010 as a cooperation o ...
. Her tenure as chairman of the board at Telenor ASA has been characterized by a bitter personality conflict with the CEO, Sigve Brekke.


References

{{DEFAULTSORT:Waersted, Gunn 1955 births Living people People from Drammen BI Norwegian Business School alumni Norwegian bankers DNB ASA people Norwegian State Railways people Nordea people Chief financial officers Norwegian chief executives