Endre Røsjø
Endre Røsjø | |
|---|---|
| Born | August 31, 1944 Oslo, Norway |
| Occupation | Investment banker |
| Years active | 1970–present |
| Known for | Chairman of Maritime and Merchant Bank ASA and Centennial AS; co-founder of Millicom and Radio P4 |
Endre Røsjø (born 31 August 1944 in Oslo) is a Norwegian investment banker operating out of London. He earned an MBA with distinction from Harvard University in 1970.
Career
Røsjø serves as Chairman for Maritime and Merchant Bank ASA (MMBank.no) and Centennial AS (centennial.no), both headquartered in Oslo, Norway. He also leads Pinemont Securities Ltd in London, which is a member of the London Stock Exchange and regulated by the FCA. In August 2019, Centennial AS announced strong financial performance.
His professional journey commenced at Citibank in New York, where he pioneered automation initiatives within Swiss branches. Subsequently, he established and managed Kingsford Shipping in partnership with UK shipbroker C.H.Rugg & Co at the Baltic Exchange premises, which suffered an IRA bombing. During the Falklands conflict, he provided consultancy to the Ministry of Defence concerning the requisition of civilian vessels and assessment of war insurance risks.
In the early 1980s, Røsjø engaged with the US oil sector, notably revitalizing Bluebell Oil and Gas Inc. based in Oklahoma. Post-2003, he spearheaded oil industry developments in Kurdistan/North Iraq, facilitating a significant agreement between the Kurdistan Regional Government and Norsk Hydro ASA. Following Norsk Hydro’s withdrawal, DnO ASA acquired the Tawke oil field.
He was among the principal shareholders of Westside National Bank and Pinemont Bank located in Texas. Partnering with Kinnevik/Jan Stenbeck, he co-founded Millicom and Norway’s prominent commercial radio station Radio P4, which expanded operations to Cape Town and Durban; as Chairman, he successfully led Radio P4 to a public listing on the Oslo Stock Exchange.
In 2011, aiming to bolster Iceland’s financial stability, Røsjø invested ISK 20 billion. Alongside shipowners Henning Oldendorff and Arne Blystad, he established Maritime and Merchant Bank ASA, a fully authorized Norwegian banking institution that reached profitability within two years.
Earlier in his life, Røsjø chaired the Young Conservatives Association in Bergen. He also gained experience working at his father’s accounting firm while fulfilling duties as a cavalry sergeant during summer breaks.
References
- "A cool look at global warming" by Nigel Lawson, translated into Norwegian by I.Ø.Sørheim and Endre Røsjø, Finansavisen 27/11/2009 (En Appell til fornuften, Hegnar Media 135s).
- TradeWinds August 7, 2018 by Trond Lillestølen