Ole Morten Settevik new managing director of Advania Norway

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Growth in earnings and expansion are the main goals of Ole Morten Settevik as he enters the position as leader of Advania Norway, a subdivision of Advania which is one of the Nordic’s biggest IT companies. Advania operates throughout the region with a staff of 1,100 people and 20 offices in 4 countries: Iceland, Norway, Latvia and Sweden.

“Advania is a name that more people should get positively acquainted with,” says the newly appointed managing director of Advania Norway. “Advania has an attractive customer base, competent co-workers, and good relations to its key partner, Microsoft. This, added to the fact that the company delivers standard software with solutions adapted to each industry, makes Advania a valuable, predictable, and solid partner on the market – I see enormous potential in this company!” says Settevik, who assumes his new position on October 1st.

Settevik is well acquainted with his new employer as he’s been working on the board of Advania Norway for afew years. As a member of the board, he has contributed to the lowering of costs and restructuring. On his agenda as managing director, growth in sales and earnings ranks the highest, including expansion within Northern Europe, especially within the ERP field. 

Ole Morten Settevik’s previous role was CEO of Bluegarden, and for many years he was the CEO of Microsoft Norway, after which he became the CEO of Ementor Norway. He also has experience as sales director at ECsoft and IBM Norway. Settevik has held a number of offices on boards within the IT industry, and is today the Board Director of Intellisearch. Settevik holds a Bachelor’s Degree and Master’s in Science in Economics from Handelshøjskolen in Copenhagen. He is married and has two children.

“We are very pleased to welcome such an experienced IT figure as Ole Morten Settevik. As a member of the board, he has already contributed valuably to Advania Norway. Throughout his entire career, Ole Morten has distinguished himself as a leader by combining solid IT competence with powerful communication abilities, and a good understanding of the clients’ needs. These are exactly the qualities we feel are needed in order to succeed in the job as CEO of Advania Norway”, says Gestur G. Gestsson, CEO of Advania.