Helge Lund takes over at BG Group

BG Group has announced that former Statoil CEO Helge Lund has taken over the helm at the Company as Chief Executive and an Executive Director ahead of the previously announced start date of 2 March 2015.

According to BG Group Helge’s start date has been brought forward following agreement last week from Statoil releasing him from his contractual commitments.

Following this development Andrew Gould, who has been serving as interim Executive Chairman of BG Group since April 2014, will return to his role as Non-Executive Chairman with effect from 9 February 2015.

Prior to his 10 years as CEO of Statoil, Helge served as the CEO of Aker Kvaerner, an industrial conglomerate with operations in oil & gas and shipbuilding. He previously also served in the roles of Deputy CEO and Chief Financial Officer at the pharmaceutical division of Hafslund Nycomed, an industrial conglomerate.

Just last week Statoil confirmed the appointment of Eldar Sætre as new CEO after four months  as acting as president and CEO replacing Helge.

Author: Samuel Kamau Mbote

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