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Ship Finance International appoints new Chief Financial Officer

Published by , Assistant Editor
Dry Bulk,

Yesterday, Ship Finance International Limited (Ship Finance) announced the appointment of Aksel C. Olesen as Chief Financial Officer (CFO), effective 1 January 2019. Olesen succeeds Harald Gurvin, the company’s current CFO, who will leave the company to take on the position as CFO of Flex LNG Management.

Olesen has served in a range of senior roles in the shipping industry and capital markets. He will join Ship Finance from Pareto Securities, where he is currently Head of Shipping and Offshore Project Finance.

During his 12 year tenure at Pareto Securities, Olesen has worked in various positions in the firm’s investment banking division, including as Head of Investment Banking Asia in Singapore from 2011 to 2014. Olesen started his career working for the shipping company Kristian Jebsens Rederi as part of the legal and finance team. Olesen holds a Law Degree from the University of Bergen.

Ole B. Hjertaker, CEO in Ship Finance Management comments: “We are pleased to welcome Aksel as the new CFO in Ship Finance. We expect his broad industry and corporate finance experience will be a significant benefit to the company.  On behalf of the Board, our shareholders and all of us at Ship Finance, we would like to thank Harald for his rewarding contribution to Ship Finance over the last 12 years. In this period, the company has made asset acquisitions of nearly US$8 billion and paid US$1.7 billion in dividends to our shareholders, and we wish him all the best and success in his new position.”  


Olesen, the newly-appointed CFO comments: “I am very motivated to join the Ship Finance team at an exciting time for the company where we see a structural shift in access to capital for maritime companies, and particularly within the maritime lending space. With a strong track record and healthy balance sheet, I believe the company is in a unique position to benefit from an increasing number of asset acquisitions opportunities and the potential for incremental growth through a diversification of the product offering.”

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