Endre Røsjø (born 31 August 1944 in
Oslo
Oslo ( , , or ; sma, Oslove) is the capital and most populous city of Norway. It constitutes both a county and a municipality. The municipality of Oslo had a population of in 2022, while the city's greater urban area had a population of ...
) 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 ...
investment banker
Investment banking pertains to certain activities of a financial services company or a corporate division that consist in advisory-based financial transactions on behalf of individuals, corporations, and governments. Traditionally associated wit ...
based in
London
London is the capital and List of urban areas in the United Kingdom, largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary dow ...
. He holds an MBA with distinction from
Harvard University
Harvard University is a private Ivy League research university in Cambridge, Massachusetts. Founded in 1636 as Harvard College and named for its first benefactor, the Puritan clergyman John Harvard, it is the oldest institution of high ...
(1970).
Career
Røsjø is Chairman of Maritime and Merchant Bank ASA (MMBank.no) and Centennial AS, (centennial.no) both of Oslo, Norway, as well as of Pinemont Securities Ltd, London, UK, a member of the London Stock Exchange and regulated by the FCA.
The family firm Centennial AS reported solid results 28/8/2019 (Finansavisen 28/8/19 page 7)
His first job was a consultancy arrangement with Citibank, New York, reporting to John Reed. Was responsible for introducing automation in the Swiss branches.
Built and ran Kingsford Shipping company alongside the old UK shipbroker C.H.Rugg & Co based in the Baltic Exchange building which was bombed by the IRA.
Adviser to the MOD during the Falklands War. Requisitioning non-military ships and providing war insurance risk value on same
In the early 1980s Røsjø was involved with the
American oil industry
The petroleum industry, also known as the oil industry or the oil patch, includes the global processes of exploration, extraction, refining, transportation (often by oil tankers and pipelines), and marketing of petroleum products. The larg ...
, including a profitable turnaround of Bluebell Oil and Gas Inc. in Oklahoma. After 2003, he was the originator of the oil industry in Kurdistan/North Iraq arranging a groundbreaking deal between the KRG and Norsk Hydro ASA. The Tawke oil field was taken over by DnO ASA after a panicked decision by the Ceo of Norsk Hydro to cancel all Middle East oil contracts.
Was part of the controlling shareholder group of Westside National Bank and Pinemont Bank, both in Texas.
Together with Kinnevik/Jan Stenbeck he started Millicom and a very successful Norwegian commercial
radio station
Radio broadcasting is transmission of audio (sound), sometimes with related metadata, by radio waves to radio receivers belonging to a public audience. In terrestrial radio broadcasting the radio waves are broadcast by a land-based radi ...
, Radio P4, with branches in Cape Town and Durban. As Chairman he took the company public on the Oslo Stock Exchange.
In order to help the
economy of Iceland
The economy of Iceland is small and subject to high volatility. In 2011, gross domestic product was US$12 billion, but by 2018 it had increased to a nominal GDP of US$27 billion. With a population o350,000 this is $55,000 per capita, based on pu ...
, he invested ISK 20 billion in 2011. Together with shipowners Henning Oldendorff and Arne Blystad, Endre Røsjø started Maritime and Merchant Bank ASA, a fully licensed Norwegian bank, which is turning profitable in its second year**
In his youth, Røsjø was the leader of the Young Conservatives Association in Bergen, Norway. He worked for his father's accounting firm as a consultant and was a salaried cavalry sergeant during the summer holidays.
References
* "A cool look at global warming" by Nigel Lawson, translated to Norwegian by I.Ø.Sørheim and Endre Røsjø,
inansavisen 27/11/2009(En Appell til fornuften, Hegnar Media 135s).
** TradeWinds August 7, 2018 by Trond Lillestølen
{{DEFAULTSORT:Rosjo, Endre
Living people
1944 births
Norwegian bankers
Harvard Business School alumni