Paal E. Johnsen will take the position as investment director in Akastor, and will be a part of the company's executive management team, reporting to the CEO. Johnsen will be based in Oslo, and will start in his position on 1 July 2015 at the latest.
Johnsen comes from a position in DNB Markets, and has extensive experience at management and board level in various companies in industry and finance, including Carnegie ASA and Alden AS.
"[Johnsen] has a track record and experience that will be a very valuable addition to Akastors' management team." says Frank O. Reite, CEO of Akastors. "I am confident that [Johnsen] will play a critical role in developing the many opportunities we see in Akastors' portfolio of investments going forward."
Image from Akastor