Profile
Jostein Devold is Chief Executive Officer & Managing Director at Mertoun Capital AS since 2010.
Current roles also include Vice Chairman at Ayfie International AS, Director at Power Finland Oy, Director at Leif Hübert AS, and Director at Huddly AS starting in 2025.
Former positions include Director at Power International AS, Investments Director at Rasmussengruppen AS, Investment Director at Aweco Invest AS, Independent Director at Solvang ASA, Director at VirtualWorks Group, Inc., Director at OTRUM ASA, Director at Norwegian Property ASA, Director at Avantor AS, Head-Finance at Danske Bank, and Head-Finance at Saga Securities.
Education includes graduate studies at The University of Manchester and undergraduate studies at BI Norwegian Business School.
Jostein Devold active positions
| Companies | Position | Start |
|---|---|---|
| HUDDLY | Director/Board Member | 21/01/2025 |
Power Finland Oy
Power Finland Oy Electronics/Appliance StoresRetail Trade Engages in the retail sales of consumer electronics | Director/Board Member | - |
Norsk Stål AS
Norsk Stål AS Metal FabricationProducer Manufacturing Manufactures and distributes steel and other metal products | Director/Board Member | - |
Leif Hübert AS
Leif Hübert AS Metal FabricationProducer Manufacturing Manufactures and distributes steel and other metal products | Director/Board Member | - |
Mertoun Capital AS
Mertoun Capital AS Investment ManagersFinance Provides asset management services | Chief Executive Officer | 31/12/2009 |
ayfie Group AS
ayfie Group AS Information Technology ServicesTechnology Services Functions as a holding company whose subsidiaries provide artificial intelligence and machine learning services | Director/Board Member | - |
Former positions of Jostein Devold
| Companies | Position | End |
|---|---|---|
Wilhelmsen Group | Chief Investment Officer | - |
VirtualWorks Group, Inc.
VirtualWorks Group, Inc. Packaged SoftwareTechnology Services Provides content virtualization software solutions | Director/Board Member | - |
Rasmussengruppen AS
Rasmussengruppen AS Investment ManagersFinance Rasmussengruppen’s investments can include both stock exchange-listed and unlisted (including early phase) companies. | Chief Investment Officer | - |
| ░░░░░ ░░░░░░ ░░ | ░░░░░ ░░░░░░░░░░ ░░░░░░░ | - |
| ░░░░░░░ ░░░ | ░░░░░░░░░░░░░░ ░░░░░░ | - |
Training of Jostein Devold
Experiences
Positions held
Active
Inactive
Listed companies
Private companies
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Private companies | 20 |
|---|---|
Danske Bank
Danske Bank Major BanksFinance Provides banking services | Finance |
Power International AS
Power International AS Electronics/Appliance StoresRetail Trade Retails consumer electronics | Retail Trade |
Avantor AS
Avantor AS Real Estate DevelopmentFinance Engages in urban property development | Finance |
Solvang ASA
Solvang ASA Marine ShippingTransportation Operations as a shipping company that transporting LPG, ammonia, ethane and petrochemical gases | Transportation |
OTRUM ASA
OTRUM ASA Information Technology ServicesTechnology Services Provides interactive television solutions and content to the hospitality industry | Technology Services |
Rasmussengruppen AS
Rasmussengruppen AS Investment ManagersFinance Rasmussengruppen’s investments can include both stock exchange-listed and unlisted (including early phase) companies. | Finance |
The University of Manchester
The University of Manchester Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
Saga Securities | |
Aweco Invest AS | |
Norwegian Property ASA
Norwegian Property ASA Real Estate DevelopmentFinance Provides office property letting, management and development services | Finance |
BI Norwegian Business School
BI Norwegian Business School Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
Power Finland Oy
Power Finland Oy Electronics/Appliance StoresRetail Trade Engages in the retail sales of consumer electronics | Retail Trade |
Leif Hübert AS
Leif Hübert AS Metal FabricationProducer Manufacturing Manufactures and distributes steel and other metal products | Producer Manufacturing |
Norsk Stål AS
Norsk Stål AS Metal FabricationProducer Manufacturing Manufactures and distributes steel and other metal products | Producer Manufacturing |
NOAH AS
NOAH AS Environmental ServicesIndustrial Services Provides waste products treatment services | Industrial Services |
VirtualWorks Group, Inc.
VirtualWorks Group, Inc. Packaged SoftwareTechnology Services Provides content virtualization software solutions | Technology Services |
Mertoun Capital AS
Mertoun Capital AS Investment ManagersFinance Provides asset management services | Finance |
Huddly AS
Huddly AS Electronics/AppliancesConsumer Durables Designs multi-camera systems with a built-in AI | Consumer Durables |
ayfie Group AS
ayfie Group AS Information Technology ServicesTechnology Services Functions as a holding company whose subsidiaries provide artificial intelligence and machine learning services | Technology Services |
Wilhelmsen Group |
- Stock Market
- Insiders
- Jostein Devold
















