Torm Appoints New CFO
Mads Peter Zacho (44) has been appointed new Chief Financial Officer (CFO) of TORM A/S.
With an educational background as M.Sc. from the University of Copenhagen, Mads Peter Zacho began his professional career in banking working with Goldman Sachs Intl. and Unibank before joining the International Finance Corporation in Washington D.C.
Mads Peter Zacho was with Nordea in Copenhagen before being recruited to A.P. Moller Maersk, where he was appointed Deputy Head of Group Finance. He joined Svitzer in 2010 where he is CFO today.
“We are very pleased with the appointment of Mads. He has relevant experience from various positions in global organizations, and he has a unique insight into the financial and accounting aspects of the shipping industry,” says Jacob Meldgaard.
As announced on 24 April 2013, Roland M. Andersen has chose to resign from the CFO position in order to pursue other opportunities outside the company.
Mads Peter Zacho will take on the position as CFO of TORM on 1 September 2013.
The company is one of the world’s leading carriers of refined oil products as well as a significant player in the dry bulk market. The Company runs a fleet of approximately 120 modern vessels.
The Company conducts business worldwide and is headquartered in Copenhagen, Denmark.