![Espen Klitzing](data:image/svg+xml,<svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="%231b1b1b" class="bi bi-person-fill" viewBox="0 0 16 16"><path d="M3 14s-1 0-1-1 1-4 6-4 6 3 6 4-1 1-1 1zm5-6a3 3 0 1 0 0-6 3 3 0 0 0 0 6"/></svg>)
Espen Klitzing
Chairman at
Alliance Venture Polaris AS
Profile
Espen Klitzing is currently the Chairman of Alliance Venture Polaris AS, Dnb Life Insurance, REC Silicon AS, Statoil Pension, and the Chief Financial Officer of Umoe Gruppen AS.
He was previously the President & Chief Executive Officer of Teekay Petrojarl ASA, Chief Executive Officer of Storebrand Livsforsikring AS, Chief Financial Officer & Deputy CEO of Norges Bank Investment Management, Chairman of Harding Safety AS, Independent Director of REC Silicon ASA, Director of Kagra Gruppen AS, and Advisor of Kistefos.
AS (Private Equity).
He also worked as a Principal at McKinsey & Co. Norway.
Klitzing received his undergraduate degree from the Norwegian School of Economics & Business Administration.
Espen Klitzing active positions
| Companies | Position | Start |
|---|---|---|
Alliance Venture Polaris AS
 Alliance Venture Polaris AS Investment ManagersFinance Acts as Venture Capital Fund | Chairman | - |
Statoil Pension | Director/Board Member | - |
Umoe Gruppen AS
 Umoe Gruppen AS Financial ConglomeratesFinance Provides investment services that specializes in the green energy and services sectors | Director of Finance/CFO | - |
Dnb Life Insurance | Chairman | - |
REC Silicon AS
 REC Silicon AS Chemicals: SpecialtyProcess Industries Manufactures & supplies industrial inorganic chemical products | Director/Board Member | - |
Former positions of Espen Klitzing
| Companies | Position | End |
|---|---|---|
Storebrand Livsforsikring AS
 Storebrand Livsforsikring AS Investment Trusts/Mutual FundsMiscellaneous Functions as an open-end investment fund | Chief Executive Officer | 2003-12-31 |
Norges Bank Investment Management
 Norges Bank Investment Management Financial ConglomeratesFinance NBIM seeks to generate the highest possible return on the fund through a safe, efficient, responsible and transparent manner, and within government guidelines. The Fund is broadly invested across most markets, countries and currencies to achieve broad exposure to global growth and value creation and ensure good risk diversification. It holds shares, bonds and real estate all around the world, but invests only abroad so that the Norwegian economy does not overheat. The fund’s investment decisions are based on research and analysis of the developments in financial markets and the global economy. | Director of Finance/CFO | - |
Kagra Gruppen AS
 Kagra Gruppen AS Financial ConglomeratesFinance Offers investment activities aimed primarily at the equity market and real estate activities | Director/Board Member | - |
| REC SILICON ASA | Director/Board Member | - |
| ░░░░░░░░ ░░░░░ ░░░ ░░░░░░ | ░░░░░░░░░ ░░░░░░░░░░░░░░░░░ | - |
Training of Espen Klitzing
Experiences
Positions held
Active
Inactive
Listed companies
Private companies
Connections
10
1st degree connections
14
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Private companies | 14 |
|---|---|
Teekay Petrojarl ASA
 Teekay Petrojarl ASA Marine ShippingTransportation Operates floating production, storage, and offloading vessels for oil & gas | Transportation |
Storebrand Livsforsikring AS
Storebrand Livsforsikring AS Investment Trusts/Mutual FundsMiscellaneous Functions as an open-end investment fund | Miscellaneous |
Umoe Gruppen AS
Umoe Gruppen AS Financial ConglomeratesFinance Provides investment services that specializes in the green energy and services sectors | Finance |
Norges Bank Investment Management
Norges Bank Investment Management Financial ConglomeratesFinance NBIM seeks to generate the highest possible return on the fund through a safe, efficient, responsible and transparent manner, and within government guidelines. The Fund is broadly invested across most markets, countries and currencies to achieve broad exposure to global growth and value creation and ensure good risk diversification. It holds shares, bonds and real estate all around the world, but invests only abroad so that the Norwegian economy does not overheat. The fund’s investment decisions are based on research and analysis of the developments in financial markets and the global economy. | Finance |
Kistefos AS (Private Equity)
 Kistefos AS (Private Equity) Investment ManagersFinance Kistefos AS (Private Equity)'s investment strategy focuses on early-stage firms in the technology sector in addition to ICT, renewable energy and financial services sectors. They look for convergence and synergies among all their investment sectors. They invest primarily in the Nordic region with certain investments made beyond this area. They are often the lead investor; they do not require majority control. Although they can invest at different stages of development, they target firms that have started to generate revenue. Kistefos AS (Private Equity) is a long-term and active investment partner. In addition to providing venture capital, they take Board positions and work closely with the management teams developing strategic plans of targeted action. Their objective is to increase value and ensure long-term profitable growth of their portfolio firms. They may also contribute to later-stage development of their portfolio firms' which have proven business models. They generally exit from their investments in three to seven years through a public offering or sale to a trade buyer. | Finance |
REC Silicon ASA
 REC Silicon ASA Chemicals: SpecialtyProcess Industries Manufactures polysilicon and silicon gases for the semiconductor markets | Process Industries |
Norwegian School of Economics & Business Administration
 Norwegian School of Economics & Business Administration Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
Harding Safety AS
 Harding Safety AS Other TransportationTransportation Provides marine life saving systems and appliances | Transportation |
Alliance Venture Polaris AS
Alliance Venture Polaris AS Investment ManagersFinance Acts as Venture Capital Fund | Finance |
Kagra Gruppen AS
Kagra Gruppen AS Financial ConglomeratesFinance Offers investment activities aimed primarily at the equity market and real estate activities | Finance |
REC Silicon AS
REC Silicon AS Chemicals: SpecialtyProcess Industries Manufactures & supplies industrial inorganic chemical products | Process Industries |
Mckinsey & Co. Norway
 Mckinsey & Co. Norway Miscellaneous Commercial ServicesCommercial Services Provides business development services | Commercial Services |
Statoil Pension | |
Dnb Life Insurance |
- Stock Market
- Insiders
- Espen Klitzing
