Danish shipowner Torm has recruited former Danske Bank executive Kim Balle as its new chief financial officer.
Balle will replace Christian Sogaard-Christensen at the product tanker giant, which is marking its 150th anniversary this year.
Sogaard-Christensen was chief financial officer of Torm for a little over three years, a period which saw it take up a listing on the Nasdaq in New York and become the first shipowner for a decade to raise capital in Copenhagen.
