Jannik Lindbæk (born 23 March 1939) is a Norwegian banker and businessperson.

Personal life

He was born 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 ...

as a son of banker Jannik Lindbæk, Sr. (1906–1966) and chief physician Ellen Margrethe Lund. His aunt was journalist and war correspondent

Lise Lindbæk Lise Lindbæk (1 January 1905 – 13 March 1961) was a Norwegian freelance journalist and foreign correspondent, and writer of several books. She is commonly regarded as Norway's first female war correspondent. Personal life Lise Lindbæk was b ...

, and he was a great-grandson of

Elise Aubert Elise Aubert (8 February 1837 – 30 November 1909) was a Norwegian novelist, short-story writer, and non-fiction writer. Biography Elise Sofie Aars was born at Lier in Buskerud, Norway. She was the daughter of priest and politician Nils Fre ...

In December 1963 he married teacher Grete Schjøttelvig.

Career

Lindbæk finished his secondary education in Oslo and earned a siv.øk. degree from the

Norwegian School of Economics The Norwegian School of Economics ( no, Norges Handelshøyskole) or NHH is a business school situated in Bergen, Norway. It was founded in 1936 as Norway's first business school and is a leading teaching and research institution in the fields of ...

in 1961. He later received a

Fulbright scholarship The Fulbright Program, including the Fulbright–Hays Program, is one of several United States Cultural Exchange Programs with the goal of improving intercultural relations, cultural diplomacy, and intercultural competence between the people ...

to continue his business studies for one year at the

University of Kansas The University of Kansas (KU) is a public research university with its main campus in Lawrence, Kansas, United States, and several satellite campuses, research and educational centers, medical centers, and classes across the state of Kansas. Tw ...

. In 1962 he was hired in

Vesta Vesta may refer to: Fiction and mythology * Vesta (mythology), Roman goddess of the hearth and home * Vesta (Marvel Comics), a Marvel Comics character * Sailor Vesta, a character in ''Sailor Moon'' Brands and products * Lada Vesta, a car from ...

, where his father also worked. He quickly advanced through the ranks and became vice chief executive. In 1975 he was hired as chief executive officer in

Storebrand Storebrand is a financial services company in Norway. By volume, the company's main activities are related to life insurance and pension savings. However, the company also has major divisions working on investments, banking and, until 1999 and ...

, later Storebrand-Norden. Lindbæk's predecessor and later chairman,

Gustav Aarestrup Gustav Nicolay Aarestrup (1 January 1916 – 15 November 2005) was a Norwegian jurist and businessperson. He was both chief executive officer and chair of Storebrand. Early life and World War II He was born in Steinkjer as a son of vicar Joach ...

, was pressured out of the company in 1982, and Lindbæk resigned for unclear reasons in 1985. Lindbæk became head of the

Nordic Investment Bank The Nordic Investment Bank (NIB) is an international financial institution founded in 1975 by the five Nordic countries (Denmark, Finland, Iceland, Norway, and Sweden). In 2005, the three Baltic states (Estonia, Latvia, and Lithuania) also bec ...

in Finland in 1986, overseeing hundreds of millions in loans to develop the economies of the five countries that own the bank: Denmark, Finland, Iceland, Norway, and Sweden. He was executive vice president of the

International Finance Corporation The International Finance Corporation (IFC) is an international financial institution that offers investment, advisory, and asset-management services to encourage private-sector development in less developed countries. The IFC is a member o ...

in Washington, DC from 1994 to 1999. He then returned to Norway in order to work with different boards of directors. He chaired

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 ...

from 1999 to 2003, and was the last chair of

Statoil Equinor ASA (formerly Statoil and StatoilHydro) is a Norwegian state-owned multinational energy company headquartered in Stavanger. It is primarily a petroleum company, operating in 36 countries with additional investments in renewable energy. ...

until 2007 when it merged to create

StatoilHydro Equinor ASA (formerly Statoil and StatoilHydro) is a Norwegian state-owned multinational energy company headquartered in Stavanger. It is primarily a petroleum company, operating in 36 countries with additional investments in renewable energy. ...

. He also chaired

Bergen International Festival Bergen International Festival ( no, Festspillene i Bergen) is an annual international music and cultural festival in Bergen, Norway. Biography The Bergen International festival is the largest festival in the Nordic countries in its genre and ha ...

, the Norwegian branch of

Transparency International Transparency International e.V. (TI) is a German registered association founded in 1993 by former employees of the World Bank. Based in Berlin, its nonprofit and non-governmental purpose is to take action to combat global corruption with civil ...

and the Norwegian branch of

Plan International Plan International is a development and humanitarian organisation which works in over 75 countries across Africa, the Americas, and Asia to advance children’s rights and equality for girls. Its focus is on child protection, education, child par ...

References

{{DEFAULTSORT:Lindbaek, Jannik 1939 births Living people Businesspeople from Oslo Norwegian School of Economics alumni Norwegian expatriates in the United States Norwegian expatriates in Finland Norwegian bankers Norwegian businesspeople in insurance Norwegian businesspeople in the oil industry Storebrand people DNB ASA people Equinor people World Bank Group people