ITC Business Council – Kaare Andersen

Kaare Andersen – Member of the Business Council for Innovation and Technology

 

 

Kaare Andersen is the Co-founder and CEO of UrNews Ltd, a pioneering company in the news and social media industry that develops mobile applications for news aggregation and social interaction. Under Kaare’s leadership, UrNews has become a platform that empowers users to consolidate news from their preferred media outlets and engage in respectful social interactions around the content they consume. His vision for the company stemmed from a passion for news and a recognition of the need for personalized, interactive news experiences in a digital-first world.

 

With a Master’s degree in Economics and an MBA, Kaare has leveraged his educational background to navigate the complex economic and business landscapes throughout his career. His expertise in finance and technology is exemplified by his successful project at the Nordic Investment Bank, where he managed the implementation of a valuation and risk management solution that enabled the bank to handle a portfolio of structured derivatives—an achievement he considers foundational to his professional development. His career is marked by accomplishments in complex finance and tech projects, including the successful launch of UrNews apps, a unique platform for both news and social media aggregation.

 

As a member of the International Trade Council and its Innovation and Technology Business Council, Kaare is deeply engaged with the technological advancements shaping the industry. He is particularly enthusiastic about AI’s potential to deliver more relevant content to users and enhance control over social interactions on digital platforms. Kaare observes that the news and social media industry faces increasing challenges from tech giants and declining ad revenue, and he foresees consolidation into a few dominant platforms in the next decade.

 

Kaare approaches setbacks with an analytical mindset, always looking to understand the root causes and learning from the experience to achieve his goals. For those entering the industry, his advice is to “think big and unconventional,” a principle that has guided his own career. Inspired by Warren Buffett’s journey of building an empire from humble beginnings, Kaare’s entrepreneurial spirit continues to drive his work. Outside his professional endeavors, he enjoys spending time with family, traveling, running, and golfing, all of which bring balance to his life and fuel his ongoing passion for innovation in the news industry.