Showing posts with label AkselBratvedt. Show all posts
Showing posts with label AkselBratvedt. Show all posts

Saturday, 21 January 2012

Aksel Bratvedt


Aksel Bratvedt was born in Norway on June 25, 1957. He received his education at the Norwegian Institute of Technology under the Physics Department, Msc (Siv.Ing) with a thesis on simulation of costs/time factors in the building of the Statfjord platforms for Statoil. Aksel Bratvedt also pursued and MBA in Finance from 1982-1984 at the University of California in Los Angeles.

Aksel Bratvedt began his career as a Manager working on major ship and rig financing projects at the Shipping Department of the Bergen Bank in Oslo from 1984-1985. He served as Executive Trainee at the Hambros Bank, Scandinavian Department in London where he initiated transactions that sells the bank's services to its large base of Norwegian clients from 1985-1986.

In 1987, Aksel Bratvedt became a founding partner in one of Norway's first investment banks, the Elcon Partners and Securities. He focused on corporate finance with transactions in real estate, hotels, ship financing and micro cap companies. Mr. Bratvedt entered the management and consultancy firm Nordic Management in 1990 based in Stolkhom where he carried out CEO strategy projects for Swedish and Finnish multinationals.

From 1990-1991, He joined Nordic Management, Stockholm where he handled high level strategy consultancy in Stockholm and Helsinki. Aksel Bratvedt devised strategy projects for CEOs in large Swedish and Finnish multinationals.

Aksel Bratvedt transferred to Siar-Bossard Consultant, Stockholm from 1991-1994 as a Senior Project leader in the French/Swedish management consulting firm which later became Gemini. He led a number of strategy and organization projects for CEOs in a number of large multinational companies including work in the Baltics and Russia.
Aksel Bratvedt spearheaded a strategy/organizational project for the CEO of what became one of Sweden’s two bad banks that were set up to restructure the banking sector in connection with the country’s major economic crisis. Included visits and interviews with CEOs of major bad banks in the US.
In 1996-1997 Aksel Bratvedt founded the Niche Management Consulting in Stockholm. The firm designed for a major Eastern European Investment fund an investment evaluation and follow-up process including related systems.

He became an in-house consultant in Ericsson’s mobile systems business from 1998-1999, working on strategies for the use of 3G systems. He was made project manager of a comprehensive project through-out the Ericsson organization worldwide on changing customer needs and requirements of the sales organization in Ericsson which included both a study of the industry and integration of fixed/mobile systems but also how the Ericsson organization could integrate its sales force and service function.

After his exposure to the telecommunication industry, Aksel Bratvedt worked as consultant to various organizations on the use of mobile technology from 1999-200.

The years 2001-2003 became fruitful years for Aksel, nominated as Executive chairman where he established a company within the marketing support services area with a technology platform for digital asset management as well as production services for marketing departments in Depicta, Stockholm and London.

For six years, from 2003-2006, Aksel Bratvedt established the Delling Group Plc in London. through a hive up of a number of companies in Scandinavia in the marketing support services area . The company was listed on AIM, the junior market at London Stock Exchange, in October 2004. He served as CEO from 2004-2005. Thereafter as Executive Chairman, he oversaw the development of the company through organic growth and acquisitions from a £2m to a £30m business in 3 years through 8 acquisitions in Scandinavia. He build up an investor base of institutional investors and high net worth individuals in London, Scandinavia, Switzerland and Luxembourg. Due to refinancing needs and the financial crisis the company was liquidated in the beginning 2009. Parts of the assets were bought by Know How Marketing Support Services.

In 2009, Aksel Bratvedt serves as non-executive chairman of Know How Marketing Support Services, London (a continuation of Delling Group with business in London, Scandinavia and Hong Kong). The company's main focus is digital media. Also, while managing BlackLine Advisory Services, LondonOwn management consulting firm advising companies on strategy, business development and financing.

In 2010, he is Executive chairman of Image and Reputation Management Ltd, London, an online reputation management. At the same time connected with Mobile banking Systems Ltd, London, involved in sales and development of a market leading mobile banking system.

Tuesday, 6 December 2011

Impressive design



I personally thought that this interior design was simply perfect! Very artistic in a very simple way..

by the way, the photo above is not from Aksel bratvedt, it came from google.com

Monday, 28 November 2011

Beach day!






This year was really a big blessing to me and to my family so we decided to took on a thanksgiving vacation. We had a really great time and the kids really enjoy all our activities! Well, a little bit disastrous beacause I broke my ankle, but all in all it was FUN! Here are some of the great spots!

Bad Bank - Quick Reference, By Aksel Bratvedt

Having had a lot of experience with bad banks and Bad Banking in Norway in the eighties, I feel a short reference is best placed as follows :


A band bank broadly speaking is a bank set up to buy the bad loans away or out of a bank with significant nonperforming assets at near market price. In transferring the bad assets of an institution (bank) to the bad bank, the banks thus clear their balance sheet of toxic assets, but do however take write downs. It is possible that shareholders and bondholders are left exposed and can stand to lose money from this solution . This solution does though protect the depositors (although not always fully).Ultimately Banks that become insolvent as a result of the process can be recapitalized, nationalized or liquidated.


An example of a bad bank was Grant Street National Bank, which was created in 1988 to house the bad assets of Mellon Bank. The financial crisis of 2008/9 to present has somewhat revived interest in the bad bank solution, as managers at some of the world's largest institutions contemplated segregating their nonperforming assets into bad banks. Bad banking is now considered in most cases where a primary tier 1 bank carries major toxic or non- performing assets. “Federal Reserve Bank Chairman Ben Bernanke proposed the idea of using a government-run bad bank in the recession following the subprime mortgage meltdown in order to clean up private banks with high levels of problematic assets and allows them to start lending again. An alternate strategy considered was a guaranteed insurance plan that would keep the toxic assets on the banks' books but eliminate the banks' risk and pass the risk on to taxpayers.”

By: Aksel Bratvedt Senior Bad Bank Consultant

Thursday, 24 November 2011

Aksel Bratvedt

Aksel Bratvedt has an MSc. from the Physics Department at the Norwegian Institute of Technology . His thesis was on how to calculate the probabilities for cost overruns on the development of the Statfjord fields for the Norwegian oil company Statoil.
Mr. Bratvedt also holds an MBA from the University of California at Los Angeles (UCLA) with focus on finance.
His career started out in banking/investment banking. Firstly he was employed as manager in the shipping department of Bergen Bank in Oslo where he was involved in the financing of ships and oil rigs. In the mid-eighties he was an executive in Hambros Bank in London selling all the services of the bank to the large number of Norwegian corporate clients. The period in Hambros was of great importance giving him a good general knowledge of investment banking services as he spent time in each business area of the bank.
Aksel Bratvedt was a founding partner in Elcon Partners/Securities, one of the first investment banks in Norway. Apart from property financing and creative ship financing he was involved in the defence of one of the most high profile take-over battles in Norwegian corporate history. Altogether Mr. Bratvedt has spent more than 6 years in corporate finance.
With base in Stockholm Aksel Bratvedt has been for 11 years involved in strategy and organisational consulting for CEOs in large companies. The companies have mainly been Swedish and Finnish multinationals. He has also been in house consultant in Ericsson engaged in global customer strategies and development of 3G strategies. His consulting experience has also included acting as advisor for large private equity firms on their investment cases.
During the banking crisis in Sweden in the nineties Mr. Bratvedt was advisor to the CEO of one of the two bad banks that was set up by the government to deal with the large number of non-performing loans. His responsibilities were to advise the CEO on the strategy, organisation and the work out processes and systems for the bad bank. The engagement lasted for nearly 3 years.
Over the last years Aksel Bratvedt has been engaged in developing high growth companies as a CEO and Executive Chairman. He has also in the period been involved as a consultant in strategy and organisation projects for various companies.
Aksel Bratvedt is permanent resident in London where he has been for the last nine years and focuses on developing international growth companies in a number of different industries. His strength is his wide experience from investment banking, management consulting to operations and corporate governance.