Departing IRO Pål Kildemo promoted to head of finance for primary metals division.
Finance executive Stian Hasle has been promoted to lead the IR team at Norsk Hydro.
Hasle has been with the Norwegian firm since graduating from SKEMA Business School and the University of Westminster in 2005, starting as a finance trainee and later joining the IR team for five years. Since 2012, he has been serving as a senior analyst in primary metal portfolio development.
Head of IR of two years Pål Kildemo is moving on to serve as head of finance for the primary metal division at the Oslo-headquartered firm. A former energy trader, Kildemo is also chairman of Nirf, the Norwegian IR association.
Norsk Hydro, which focuses on aluminum and hydropower production since its oil and gas business was merged with Statoil in 2007, is 44 percent owned by the Norwegian state with a further 6 percent held by the government’s pension fund.