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

Personal life

He was born in

Oslo Oslo ( or ; ) 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 1,064,235 in 2022 ...

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, and he was a great-grandson of Elise Aubert 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 () or NHH is a business school situated in Bergen, Norway. It was founded in 1936 as Norway's first business school and is the leading teaching and research institution in Norway for the fields of management and ...

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. Two branch campuses are in the Kansas City metropolitan area on the Kansas side: the university's medical school and hospital ...

. In 1962 he was hired in Vesta, 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, 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 becam ...

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 headquartered in Washington, D.C. and a member of the World Bank Group that offers investment, advisory, and asset-management services to encourage private ...

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 may refer to: * Den (room), a small room in a house * Maternity den, a lair where an animal gives birth Media and entertainment * ''Den'' (album), 2012, by Kreidler * Den (''Battle Angel Alita''), a character in the ''Battle Angel Alita'' ...

from 1999 to 2003, and was the last chair of

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

until 2007 when it merged to create

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

. He also chaired

Bergen International Festival Bergen International Festival () is an annual international music and cultural festival in Bergen, Norway. In Spring 2022, Lars Petter Hagen took over as festival director. Biography The Bergen International festival is the largest festival ...

, 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 s ...

and the Norwegian branch of

Plan International Plan International is a development and humanitarian organisation based in the United Kingdom that works in over 80 countries across Africa, the Americas, and Asia, focusing on children’s rights. In 2024, Plan International reached 43 million ...

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