Olav Hytta

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Olav Hytta (born 2 July 1943) is a Norwegian businessperson.

Norway Country in Northern Europe

Norway, officially the Kingdom of Norway, is a Nordic country in Northern Europe whose territory comprises the western and northernmost portion of the Scandinavian Peninsula; the remote island of Jan Mayen and the archipelago of Svalbard are also part of the Kingdom of Norway. The Antarctic Peter I Island and the sub-Antarctic Bouvet Island are dependent territories and thus not considered part of the kingdom. Norway also lays claim to a section of Antarctica known as Queen Maud Land.

Hytta has a varied education, in both sciences, business administration and agriculture. He was hired by Hjartdal Sparebank in 1964, and by Fellesbanken in 1968. He was CEO of ABC Bank, later director of the Oslo/Akershus area of Sparebanken NOR, and the deputy CEO of Sparebanken NOR, and Gjensidige NOR until he was hired as CEO of Gjensidige NOR from 2000 to it merged to create DnB NOR in 2003.

Fellesbanken was a Norwegian bank that existed between 1920 and 1985 with offices in Oslo, Norway. It was created as a central bank for the Norwegian savings banks as well as functioning as a commercial bank. It merged with Sparebanken Oslo/Akershus in 1985 to form Sparebanken ABC. It is now part of DnB NOR.

Union Bank of Norway branded as Sparebanken NOR was Norway's largest savings bank between 1990 and 1999. The bank was created as a merger between Sparebanken ABC and four other regional savings banks. The new bank had its headquarters in Oslo and was in existence until 1999 when it merged with Gjensidige to form Gjensidige NOR. Today the bank is part of DnB NOR.

Gjensidige NOR

Gjensidige NOR was a Norwegian bank and insurance company that was in existence between 1999 and 2003. The company was created when the two savings banks Sparebanken NOR (bank) and Gjensidige (insurance) were merged in 1999. In 2002 Norwegian savings banks were allowed to become public limited company and was listed on the Oslo Stock Exchange. In 2003 the company was merged with Den norske Bank to form DnB NOR, while the original insurance company Gjensidige was demerged and again became a separate company in 2005.

In 2003 he became chairman of DnB NOR. [1] In 2008 he was succeeded by Anne Carine Tanum. [2]

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References

  1. Henriksen, Petter, ed. (2007). "Olav Hytta". Store norske leksikon (in Norwegian). Oslo: Kunnskapsforlaget. Retrieved 9 May 2010.
  2. "Ny styreleder i DnB NOR" (in Norwegian). Norwegian News Agency. 29 May 2008.
Business positions
Preceded by
Jannik Lindbæk
(in Den norske Bank)
Bjørn Sund
(in Gjensidige NOR)
Chair of DnB NOR
2003–2008
Succeeded by
Anne Carine Tanum