John Fredriksen has appointed Jo Lunder as CEO of the Fredriksen Group, which will manage all of John Fredriksen’s current financial and industrial assets, as well as new investments. Lunder will assume the role of Fredriksen Group CEO in September.
Fredriksen is an investor within shipping and oil service. Fredriksen and his family own and control investments in several large companies such as Seadrill Ltd., Frontline Ltd., Golden Ocean Group Ltd., Archer Ltd., and Marine Harvest ASA.
Lunder recently resigned as CEO of VimpelCom Ltd., a position he had held from 2011. Prior to his employment with Vimpelcom, Lunder was president of the Norwegian-based investment company Ferd Capital and executive vice president of Ferd AS from 2007. From 2005 to 2007, Lunder was president and CEO at the IT infrastructure provider Atea ASA. Before that, he served as CEO of OSJC Vimpelcom and for many years in management roles in Telenor, a multinational telecom operator headquartered in Norway. Lunder is currently chairman of EVRY ASA, one of the largest IT companies in the Nordics. He holds a bachelor's degree from Oslo Business School, along with a Master of Business Administration degree from Henley Management College at the University of Reading, UK.