Board of directors
Board of directors
Harald Mowinckel TroyeChairman of the board
Mr. Mowinckel Troye holds an MBA and BBA from the University of Southern California and University of Wisconsin. He has been a member of the board of directors of Formue AS since 2006. He is currently managing director of Borea Holdings AS. Mr Mowinckel Troye has 19 years of experience from international and Norwegian finance and asset management. Previously, he was finance director of Vesta and he has had managerial positions in asset management organizations such as DnB and Skandia.
Ole Jacob SundeBoard member
Mr. Sunde holds an MBA, and has been educated at the Université de Fribourg (Switzerland) and the Kellogg School of Management, Northwestern University (USA). Mr Sunde founded Formue AS in 2000 and served as chair until 2021. His family is the company’s largest shareholder. He established Industrifinans Forvaltning ASA in 1983 and was managing director and main shareholder of the firm until 2000. Previously, he with McKinsey & Co. Mr Sunde served as chair of the board at Schibsted ASA from 2002 until 2022. Today, he is chair of the Tinius Trust (dominant shareholder in Schibsted) and Scott Trust (sole shareholder of the Guardian). He is a member of the board of directors of Her Royal Highness Princess Märtha Louise’s Fund and investor and board member in several digital start-ups.
Magdalena SvenssonBoard member
MSc in Economics and Commercial Law from the University of Gothenburg and MBA from INSEAD in Paris. Shareholder representative and board member of Formue since 2021. Partner at IK responsible for the Partnership Fund strategy in the Nordic and UK regions. She draws on a wealth of investment experience she has gained over the past 20 years and has specialist expertise in the Tech enabled Business Services and Healthcare sectors
Seb DoveyBoard member
MSc (Econ) from the London School of Economics, a BA (Hons) from University College London and awarded a postgraduate scholarship from the British Academy. Co-founder of Scorpio Partnership, a global wealth management consultancy business, which was acquired by Aon PLC. Following his exit in 2017, he has assumed several non-executive board roles in financial services-focused corporates in the United Kingdom and strategic advisory firms in the United States. Joined the Formue AS board in 2022 and has been a strategic advisor to the business since 2012.
Einar SundeBoard member
MPhil in Economics from University of Cambridge University and BSc in Economics from City University. Sunde is founder and manager of Apex Advisers – an advisory firm specialized in M&A and strategy. He is also a private investor and holds board positions associated with his investments. He has experience from sectors as technology, renewables, finance, and e-commerce. Previously Sunde worked as advisor for Arkwright within M&A and strategy.
Marlene Nørgaard CarolusBoard member
MBA from Copenhagen Business School (CBS) in Denmark and Board Educated from Harvard University in Boston, CBS in Copenhagen, and Singularity University in San Francisco. Has in the last 3 decades been in several c-level positions in Nordic and European banks within the space of Investment Banking and Private Wealth Management. Known for her long concurrent carrier as a professional board member. Recognized for being an innovative wealth management leader with a strong digital pedigree. On the Top 100 list of the most influential women in Denmark, included in Kraks Blå Bog.
Peter BerglundBoard Member
Master of Science in Industrial management and engineering from Lund University. Shareholder representative and board member of Formue AS and member of Formue's audit committee since 2021. Berglund has worked with Nordic investments at ICG since 2012 and is board member of ICG's portfolio companies Iver and Euro Cater. Prior to ICG, Berglund worked in investment banking at Jefferies and CIBC in New York and London.
Formue believes a local presence strengthens the client relationship. To this end, we maintain local offices throughout Norway and Sweden, and are present in London.