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The Board of Directors

The board manages the bank’s activities and is responsible for ensuring that the funds at the bank’s disposal are managed securely and expediently.

The board must also ensure that the bank’s activities are organised in a satisfactory manner, and it is obliged to make sure that the bank’s bookkeeping and asset management are subject to adequate control.


The composition of the Board of Directors

The Board of Directors consists of ten members and two deputy members elected by the Supervisory Board. The Chair and Deputy Chair are elected by the Supervisory Board in separate elections.

Three board members and one deputy members are elected by and from among the bank’s employees. Only members of the Supervisory Board elected by the employees are entitled to nominate candidates for election as employee members and deputy members of the board.

The below holding of equity certificates in Sparebanken Vest includes close associates. 

Following the election in March 2024, the board consists of the following members:

Arild Bødal (born 1965)

Chairman of the Board

Bødal is an authorised accountant and has a university college degree in economics and business administration. Bødal also studied at Heriot-Watt University, BI Norwegian Business School, the Norwegian School of Economics (NHH) and the Norwegian University of Science and Technology (NTNU). Bødal is the former CEO and founder of the Septik24 group (now Norva24) and several other companies. He is currently head of the investment companies Invest24 AS and AHB Invest AS, and chair and member of the board of several associated companies, including Norva24 Group AB, the Stryvo group and Nomek AS. Bødal has been a member of the Board since April 2011, and Chair of the Board since March 2019. Bødal is considered to be an independent board member. 
Number of equity certificates in Sparebanken Vest: 71,001

Magne Morken (born 1958)

Deputy Chair

Morken holds a master’s degree in economics and business administration (siviløkonom) from the Norwegian School of Economics (NHH). He has formerly been CEO of Hansa Tankers Management AS, managing director of Solvang ASA and bank manager at Nordea (Oslo/Stavanger/London). Morken is currently head of his own investment and consulting firm, and holds directorships in SigCo (Bermuda and Isle of Man). Morken has been a member of the Board since March 2017, and Deputy Chair since August 2019. Morken is considered to be an independent board member. 
Number of equity certificates in Sparebanken Vest: 10,000

Agnethe Brekke (born 1968)

Board member

Brekke is an authorised public accountant with a master’s degree in economics and business administration (siviløkonom) from NHH, and is also CFO of G2 Ocean AS. Brekke has previously been Regional Finance Manager of DOF Subsea AS, Vice President of Financial Control and Group Accounting Manager at Odfjell Drilling AS, and worked as an auditor at PwC. She was previously a member of the board of Tysnes Sparebank and a member of the Norwegian Hull Club’s control committee. Brekke has been a member of the Board since March 2019. Brekke is considered to be an independent board member.
Number of equity certificates in Sparebanken Vest: 641

Gunnar Skeie (born 1955)

Board memeber

Gunnar Skeie

Skeie holds a law degree from the University of Bergen (UiB). He has been general manager of Sparebankstiftinga Hardanger, and has previously been a lawyer and partner in the law firm Advokatene Kvåle og Skeie ANS in Norheimsund. He has also been acting court of appeal judge at Gulating Court of Appeal, a lawyer affiliated to Kreditorforeningen in Bergen, an assistant judge at the office of the chief local judge in Karmsund in Haugesund, an assistant advocate with Advocate Tom Berge in Odda, and a legal adviser at Bergen Tax Office. He has previously served as chair of the control committee of Eiendomskreditt AS, chair of the control committee of Voss Veksel og Landmannsbank AS, and member of the board of Eiendomskreditt AS. Skeie is chair of the board of Kvam Energi AS, and holds directorships in other companies in the group. Skeie has been a member of the Board since March 2016. Skeie is considered to be an independent board member.
Number of equity certificates in Sparebanken Vest: 11,069

Christine Sagen Helgø (born 1968)

Board member

Christine Sagen Helgø

Sagen Helgø holds a law degree from the University of Bergen (UiB). Sagen Helgø is chief investment officer of Camar AS, and was mayor of Stavanger from 2011 to 2019. Sagen Helgø is deputy chair of the board of the health trust Helse Stavanger HF. Sagen Helgø has been a member of the Board since March 2020. Sagen Helgø is considered to be an independent board member.
Number of equity certificates in Sparebanken Vest: 0

Marianne Dorthea Jacobsen ( born 1980)

Board member

Marianne Jacobsen

Member of the Board since March 2017. CEO of Knowit Experience Bergen. Previously held positions as general manager, project manager and advisor on digitalisation, branding, innovation and user experience at Knowit, mainly within the banking & finance sector. Also a former customer adviser in Sparebanken Vest. Member of the board of Tide AS, as well as various nordic Knowit companies. Holds an MBA in Strategic Management from the Norwegian School of Economics (NHH), a Master’s degree in Brand Management from Queensland University of Technology, Australia, as well as a Bachelor’s degree in Economics from Leeds Metropolitan University, UK.
Number of equity certificates in Sparebanken Vest: 1,237

Mariann Vågnes Reite (born 1971)

Board member

Mariann Vågnes Reite

Vågnes Reite holds a master’s degree in economics and business administration (siviløkonom) from the Norwegian School of Economics (NHH). She is a Senior Consultant at GAGN Consulting. Former CFO of Artec Aqua, Sølvtrans and PatoGen, and HR Director and Controller at Marine Harvest Norway. Member of the board of Devold Holding and Marno AS. Former member of the board of Global Aquaculture Technology Hub, Comrod Communication and Betania Alta. She also has experience of board work for subsidiaries of the companies where she held the role of CFO. Vågnes Reite has been a member of Sparebanken Vest’s Board since March 2024. Vågnes Reite is considered to be an independent board member.

Number of equity certificates in Sparebanken Vest: 0

Gunn-Helen Magnussen Gripsgård (born 1978)

Board member

Gunn Helen Magnussen Gripsgård

Magnussen Gripsgård holds an MSc degree in ICT Informatics from the University of Bergen (UiB). She works as Agile Lead and Developer at Sparebanken Vest, and has previously worked as a developer and IT architect at DNB. She has been chair, deputy chair and observer on the board of the Tekna group in Sparebanken Vest, and she has taken the Women in Tech leadership programme at Sparebanken Vest. Magnussen Gripsgård has been a member of Sparebanken Vest’s Board since March 2024.

Number of equity certificates in Sparebanken Vest: 1467

Kristin Axelsen (born 1966)

Board member

Axelsen holds a bachelor’s degree in Banking and Finance from BI Norwegian Business School, and is an authorised financial adviser. Axelsen is a corporate adviser in the bank’s Direct Bank CM department, and has worked for the bank since 2007. She has previously been an employee representative at the bank’s General Meeting, and deputy chair of the board of Ungt Entreprenørskap Hordaland. Axelsen has been an employee representative on the Board since April 2013.

Number of equity certificates in Sparebanken Vest: 10,650


Stig Standal Taule (born 1965)

Board member

Taule holds a bachelor’s degree in Banking and Finance from BI Norwegian Business School, and has also completed the master’s degree course ‘Brytningstid’ at the Norwegian School of Economics (NHH). He have completed  the main representative education at Kristiania University College and is now participating in the Top Representative Education at Kristiania Uiversity College. Taule is an authorised financial adviser and is currently the bank’s chief employee representative for the Finance Sector Union of Norway. Taule has worked for Vår Bank og Forsikring / Sparebanken Vest since 1984. He has been an employee representative on the Board since March 2022, before which he was deputy employee representative for five years.
Number of equity certificates in Sparebanken Vest: 8,883

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