NORWAY - Investinor hires ten

Helle Moen, Steinar Fossen, Ronny Vikdal and Jan Hassel have all been appointed investment directors with immediate effect. Moen comes from the role of vice president of business development with Marintek, a marine technology research and development services company; Fossen is formerly an executive director with Ernst & Young transaction services; Vikdal joins from Norway Royal Salmon AS, where he was in charge of finance and business development; while Hassel has experience from investment management in tourism as the managing director at SiT Forretning AS.

Former Ernst & Young consultant Kay Meløysund, former project manager at SIVA Innovasjon Janne Bøklepp, and Inge Hovd Gangås, previously senior project manager of Nanotechnology at NTNU Technology Transfer, have all been appointed investment associates.

Tor Helmersen has resumed the role of CFO, a role he previously held at Fosen Trafikklag ASA.

From February, former vice president of corporate procurement support at StatoilHydro ASA, Asle Jostein Hovda, will also join as an investment director. At the same time Rune Sævik, who currently works in media relations for the Norwegian Defence Research Establishment, will join Investinor and be responsible for communication and media relations.

Geir Ove Kjesbu heads the Trondheim-based team, supported by project co-ordinator Bjørn Løvlie. Katrin Haram is the office manager. The venture fund expects to make its first investments in Q2.

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