John Fredriksen’s daughters will assume more responsibilities in the group and will now manage an investment portfolio of some $2bn.
Cecilie and Kathrine Astrup Fredriksen will be working with John O' Donnell, who earlier managed the private investments of the Swedish Rausing family.
The Fredriksen group is expanding in its London office at Sloane Square and has set up a team around O'Donnell.
Fredriksen
