Morten Bakke

Managing Director I CFO I Board | Banking | Shipping | Oil Services I Corporate Finance | Investments | M&A

Oslo, Oslo, Norway

About

With over two decades of international leadership experience across shipping, oil services, and banking, I have worked and operated in key global markets including the U.K., U.S., Dubai, Singapore, Greece, and Norway. I am a strong advocate for cross-border collaboration and teamwork, with a proven track record in debt financing, bond issuance, equity capital markets, M&A, investor relations, and public company reporting. At AMSC ASA (formerly American Shipping Company ASA), I played a central role in transforming the company into a high-yield dividend platform, attracting both institutional and retail investors. This culminated in the successful divestment of the entire fleet at premium valuations, delivering strong returns to shareholders.

Experience

  • Managing Director at MB Capital AS
    Oct 2016 - Present · 9 yrs 9 mos

    • Privately held investment firm focused on liquid equity investments, with a strategic emphasis on long-term value creation and capital preservation • Advisory assignments to businesses requiring financial leadership on a project or interim basis • Engaged in board roles, contributing insights and strategic direction to drive organizational growth.

  • Chief Financial Officer at AMSC ASA
    Apr 2016 - Apr 2025 · 9 yrs 1 mo

    • CFO of a stock listed ship leasing company producing strong and stable dividend yield • $40m equity raise to finance acquisition • Bond ($220m) and bank ($310m) refinancings ensuring optimal fleet financing • Engaged with private equity, infrastructure, and strategic investors regarding potential M&A opportunities • Strategic discussions with CEO and Board of Directors • Stock exchange reporting (Oslo Stock Exchange) • Maintaining running dialogue with banks and credit funds • Investor relations and conference speaker • Business development and rechartering of vessels • Navigating Jones Act legal requirements • Liaison with Board of Directors, Shareholders, Auditors and other key stakeholders to the business

  • Senior Vice President, DVB Corporate Finance - Oslo at DVB Banks SE
    Aug 2009 - Mar 2016 · 6 yrs 8 mos

    • Led a small Oslo based M&A team with global coverage of offshore supply, subseas and oil services companies and marine asset investors. • Sourced and executed M&A and equity raise transactions, generating substantial fee revenue for DVB Bank SE. • Awarded DVB’s Shipping/Offshore “deal of the year” in 2010, 2012, and 2013 for outstanding achievements. • Developed strong skills in financial analysis, negotiations, and relationship management.

  • Vice President, Global Advisory and M&A - London at DVB Bank SE
    Jan 2006 - Aug 2009 · 3 yrs 8 mos

    • Led deal teams in executing M&A and equity raise transactions, focusing on global shipping and offshore industries. • Coordinated marketing efforts with DVB’s global sector team heads to enhance client relationships and drive business growth. • Coverage of Nordic and Middle East private equity investors

  • Industry Analyst, Shipping - London at BDO
    Jan 2004 - Jan 2006 · 2 yrs 1 mo

    • Managed and produced an annual OPEX benchmark report for the international shipping industry. • Participated in profitability studies for clients, providing valuable insights and recommendations. • Valuated vessels for impairment reviews, showcasing expertise in the shipping industry. • Advised clients on benchmarking tools, enhancing their decision-making processes.