New CFO to join Nordic American Offshore in October

The newly appointed chief financial officer (CFO) of offshore shipping company Nordic American Offshore (NAO) will join the company on October 16, 2017.

The company named Bjorn Giaever as the new CFO on September 1, 2017.

Apart from Nordic American Offshore, Giaever will also take the CFO role in Bermuda-based tanker owner Nordic American Tankers (NAT).

NAO said on Tuesday that Giaever would join NAO and NAT on October 16 from Oslo-based Fearnley Securities.

Fearnley is an investment bank with a special focus on the maritime sectors, where Giaever served as a director and partner in the corporate finance division.

He also served as a corporate advisor in the John Fredriksen group in London, a top rated senior shipping analyst at DNB Markets, and partner in Inge Steensland AS as a specialist in gas related maritime matters.

The company added that the outgoing CFO, Turid M. Sorensen, would leave her administrative duties in NAO and NAT before the end of 2017, providing for a smooth transition. According to the company, she will be suggested as a board member of NAT later on.

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