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In Good Company with Nicolai Tangen

Carolina Dybeck Happe CFO of General Electric

In Good Company with Nicolai Tangen

Norges Bank Investment Management

In Good Company, Business, Norges Bank, Nicolai Tangen

4.8186 Ratings

🗓️ 14 December 2022

⏱️ 28 minutes

🧾️ Download transcript

Summary

In this episode, Nicolai Tangen talks to CFO of General Electric, Carolina Dybeck Happe. She’s widely regarded as one of the best CFOs in the world.


The production team on this episode were PLAN-B’s Martin Oftedal and Olav Haraldsen Roen. Background research were done by Sigurd Brekke with additional input from our portfolio manager Martin Prozesky.


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Transcript

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0:00.0

Karolina, it's a great pleasure to have you on the show.

0:11.8

Big thanks for taking the time.

0:13.4

Thanks for having me.

0:14.4

Pleasure is all mine.

0:15.7

Wonderful.

0:16.7

So, Karolina, I met you many years ago when you were the CFO of Asa Abloy in Sweden.

0:22.8

And now you are one of the most powerful CFOs in the whole world.

0:28.0

So tell me about that journey.

0:29.7

My journey started in Sweden.

0:32.5

I grew up in Stockholm.

0:35.3

My dad was a businessman and my mom was radiologists and I feel connected to both of them

0:41.3

and their work. And today I have to say when I walk through our manufacturing force at GE,

0:47.3

G.E. Health care and I can see the products that my mom used and how they have developed over the years,

0:52.4

it's truly exciting. If I look at my journey

0:55.4

in finance, I would say that I've always been drawn towards more operational CFO jobs.

1:03.9

And what I mean with that is working closely with the CEO and the businesses. And I would say

1:09.3

the critical and dynamic businesses of GE and what we do is what really drew me

1:14.7

to this role.

1:15.9

And I also felt that I could add lasting value in shaping the future of these important

1:21.1

businesses.

1:22.5

And if I look back at my own history, probably one of the most important parts for me was when I moved to Germany

1:28.6

and I became CFO for Asa Abloy, Dach and Benelux in those days. It was my first big industrial

...

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