Nordicº
Nordic Development manages own development projects as well as providing advisory in the fields of strategy and business building to local, as well as international companies and investors wishing to enter the Icelandic market.
Offering flexible types of services, ranging from targeted expert advice to leading projects or partnerships. Nordic’s expertise is founded on deep management and industry experience, backed by a portfolio of qualified partners brought in for specific projects.
Nordic Development is founded by Stefan Sigurdsson, formerly the CEO of Vodafone Iceland (Nasdaq OMX: SYN). He has 15 years of management experience in telecoms and infrastructure, investment management and banking.
Stefan Sigurdsson - Track Record
15 Years of C-level Experience
CEO of Vodafone Iceland (Nasdaq OMX: SYN) for five years. Head of the investment management arm of Islandsbanki for six years. Fifteen years of combined C-level experience.
Business Development - B2B & B2C
Fifteen years leading sales, service and product development for a broad range of clients; consumers, corporates and institutional investors within different types of industries.
Acquisitions
Significant deal experience, acquiring companies, both large and small, mergers and takeovers. As well as deal experience from strategic development and corporate finance advisory roles.
Merger Integration
An extensive merger integration experience involving both a complicated merger of equals as well as smaller takeovers and integrations.
Strategy Implementation
Leading strategic implementation for more than a decade in different roles; as an Advisor, Chairman, CEO and Managing Director at Islandsbanki, with an extended role as a strategic advisor to the CEO.
Business Building
Track Record in greenfield business building includes: North Ventures (data center development), FÓLK Reykjavik (design products), Reykjavik DC (tier 3 data center), 101 Radio /Sambandid (radio/tv/mvno), Sendafelagid (telco tower company), Summa (management company), Fast1 (real estate fund).
Alternative Investments
Strong track in developing and closing alternative investment funds, both real estate & private equity. Developing a new alternative investments revenue stream for Islandsbanki, helping to deliver 38% F&CI growth from 2011-2014.
Deep Industry Expertise
Extensive industry experience and knowledge of telecoms & infrastructure, data centers, banking, investment management, corporate finance and capital markets as well as related industries.
Board Level Work
A decade long experience working as Chairman, Board Member, CEO, MD in current and past roles, both in Iceland and abroad.
International Projects
Ranges from leading strategic development projects with international investment banks, CEO partner markets relationship with Vodafone, international board work and corporate finance experience from Denmark.
Managing Disruption
The telco industry was a good training ground for managing disruption. Tackling disruption of revenue streams and business models by increasing efficiency and at the same time building new products and revenue streams under fierce competition.
Crisis Management
Experience includes taking over as MD of investment management days after a banking system collapse, and taking over as a CEO of a telco, shortly after a major hacking incident, with successful management of both situations. Further experience involves both management situations and PR advisory in the field.
