Jan Grenth Email & Phone Number

Changing markets by bringing tested business concepts into areas where competitors are less willing to learn from similar markets. Have with the help of colleagues co-founded two banks and brought no-fee consumer credit card banking to Norway in 2001 - establishing one of Norway's most profitable banks. It was sold at 4x invested capital after 4 years. Launched in 2006 a second bank, Advanzia Bank, with much of the same management team, bringing similar products to the German speaking public.Advanzia was in 2006 the largest issuer of new gold cards in the German market, and became profitable in 2009. By 2008, Datamonitor reported that it had Germany's largest credit card transactions turnover value with its single credit card product, rivaled only by the aggregate volume of the many savings banks. ROE is approximately 40% and cost/income ratio at approx. 35%. Advanzia is currently the largest issuer of "real" credit cards in Germany with about 20% market share. Specialties: Business development, shareholder value-orientation. Internet Direct Marketing and behavioral credit scoring, cross-border banking of credit cards and savings accounts.

Listed skills include Banking, Credit Cards, Business Planning, Start Ups, and 11 others.