Tore Rimmereid - DNB ASA Independent Vice Chairman of the Board

Chairman

Mr. Tore Olaf Rimmereid was Independent Vice Chairman of the Board of Directors of DNB ASA since June 12, 2012. He chairs the Companys Audit Committee and is Member of the Risk Management Committee. He was Independent Member of the Company Board since 2009 and formerly served as Member of the Board of DnB Bank since 2012.
Age 56
Tenure 12 years
Phone47 91 50 30 00
Webhttp://www.dnb.no
Rimmereid was President and Vice President of ECO AS. He was also CEO of ECO Energi. Previously, he was Head of the Finance and Administration Department in the Norwegian Broadcasting Corporationration and Group Executive Vice President, Financial Reporting and Finance, in the SpareBank 1Alliance. He also has experience from Kreditkassen. He has held various positions in Christiania Bank. He chairs the Boards of Hafslund AS and Hafslund Nett AS. Previously, he was Board Chairman of Oslo Lysverker, Energi Norge, Opplandskraft DA, Oppland Energi AS and Vinstra Kraftselskap. He was also political secretary of the Conservative Party’s parliamentary group. He holds a Master’s degree in Business Administration and is Authorized Financial Analyst from the Norwegian School of Economics.

DNB ASA Management Efficiency

The company has return on total asset (ROA) of 0.77 % which means that it generated a profit of $0.77 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 8.92 %, meaning that it generated $8.92 on every $100 dollars invested by stockholders. DNB ASA's management efficiency ratios could be used to measure how well DNB ASA manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 1.19 T in total debt. Debt can assist DNB ASA until it has trouble settling it off, either with new capital or with free cash flow. So, DNB ASA's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like DNB ASA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for DNB to invest in growth at high rates of return. When we think about DNB ASA's use of debt, we should always consider it together with cash and equity.

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DNB ASA provides various banking products and services for retail and corporate customers in Norway and internationally. DNB ASA was founded in 1822 and is headquartered in Oslo, Norway. Dnb Nor is traded on OTC Exchange in the United States. DNB ASA [DNHBY] is traded as part of a regulated electronic over-the-counter service offered by the NASD.

Management Performance

DNB ASA Leadership Team

Elected by the shareholders, the DNB ASA's board of directors comprises two types of representatives: DNB ASA inside directors who are chosen from within the company, and outside directors, selected externally and held independent of DNB. The board's role is to monitor DNB ASA's management team and ensure that shareholders' interests are well served. DNB ASA's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, DNB ASA's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jarle Bergo, Independent Director
Rune Garborg, Executive Vice President Vipps and Payments
Terje Turnes, Chief Risk Officer
Ingjerd Spiten, Group Executive Vice President Personal Banking
Kari Moen, Group Executive Vice President Products
Sverre Finstad, Director, Employee Representative
Alf Otterstad, Acting Group Executive Vice President IT
Rune Bjerke, Group CEO
Rasmus Figenschou, Acting Group Executive Vice President New Business
Rune Helland, Head of Investor Relations
KarlChristian Agerup, Director
Trond Bentestuen, Group Executive Vice President Personal Banking Norway
Ingjed Spiten, Group Executive Vice President Personal Banking
Hakon Hansen, Acting Head of Wealth Management & Insurance
Jaan Semlitsch, Independent Director
Jan Gjerland, Investor Relations Contact Officer
Liv Fiksdahl, Group Executive VP of IT and Operations
Ottar Ertzeid, Group Executive VP of Markets
Carl Lovvik, Director, Employee Representative
Harald SerckHanssen, Group Executive Vice President Large Corporates and International
Bjorn Naess, CFO
Tore Rimmereid, Independent Vice Chairman of the Board
Solveig Hellebust, Group Executive VP of HR
Ida Lerner, Group Executive Vice President Risk Management
Tom Rathke, Group Executive Vice President Wealth Management
Benedicte Fasmer, Group Executive Vice President Corporate Banking Norway
Anne Tanum, Independent Chairman of the Board
Kjerstin Braathen, Group Executive Vice President Corporate Banking Norway
Thomas Midteide, Group Executive Vice President Corporate Communications
Vigdis Mathisen, Director, Employee Representative
Mirella Wassiluk, Group Executive Vice President Compliance
Gro Bakstad, Director
Olaug Svarva, Chairman of the Board
Berit Svendsen, Independent Director

DNB Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right otc stock is not an easy task. Is DNB ASA a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards DNB ASA in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, DNB ASA's short interest history, or implied volatility extrapolated from DNB ASA options trading.

Pair Trading with DNB ASA

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if DNB ASA position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in DNB ASA will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to GameStop Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GameStop Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back GameStop Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling GameStop Corp to buy it.
The correlation of GameStop Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as GameStop Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GameStop Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for GameStop Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Note that the DNB ASA information on this page should be used as a complementary analysis to other DNB ASA's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.

Other Consideration for investing in DNB OTC Stock

If you are still planning to invest in DNB ASA check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the DNB ASA's history and understand the potential risks before investing.
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