Education
He graduated from the Norwegian School of Economics and Business Administration with the siv.øk.
He graduated from the Norwegian School of Economics and Business Administration with the siv.øk.
Degree. He was hired as a director in Gjensidige in 1998. The company became Gjensidige NOR through a merger. He became executive of insurance in the company in 2002.
He resigned in 2005.
He continued as the chief executive officer of Gjensidige. He resides in Vollen.
When DnB NOR was created via a merger in 2003, a merger which included parts of Gjensidige NOR, Baastad became a board member of the new company. He is also the deputy chair of the Norwegian Financial Services Association and a board member of Finance Norway.