Lunde To Leave Intertanko

Monday, June 26, 2000
INTERTANKO announced that. Dagfinn Lunde, the Association's Managing Director who has so fervently fought for the tanker industry for many years, will leave his post on September 15, 2000, opting to resume , his career within international banking. Lunde, who has the ear of most of the world's leading marine industry policy makers, is well regarded and is considered to have done an excellent job during his five-year tenure as INTERTANKO's Managing Director starting with a major reorganization where senior INTERTANKO managers were tasked with the responsibility for looking after the needs of members in particular geographical areas. . This system coupled with the establishment of the so-called regional member panels enabled a tremendous increase in interaction between the organization and its membership. Dagfinn Lunde also put a new management structure in place in which the experts within the management group had clearly defined areas of responsibility in a framework of working committees providing membership guidance and support on issues of particular importance or principle. INTERTANKO's Chairman, Mr. Westye Høegh said "We now have a strong management team actively pursuing a range of issues of importance to our membership. The management team is well supported by a committee structure in which our members play a very active role." Mr. Høegh continued "the introduction of modern management principles which enabled the streamlining of the organisation giving members greater return for their membership fees was but one of Dagfinn's achievements. He also enhanced INTERTANKO's position as an industry spokesman with proactive initiatives and a higher profile on a number of issues concerning tanker owners. This resulted in a significant increase in the number of members and associate members and earned INTERTANKO greater credibility within the shipping industry as a partner in important discussions with government agencies and international organizations. " Mr Høegh said "I greatly regret that Dagfinn Lunde has chosen to leave INTERTANKO, but we must look forward to building an even stronger INTERTANKO on the firm foundations so ably laid down by Dagfinn Lunde during his tenure. I would like to congratulate Dagfinn on his new position and wish him every success for the future." INTERTANKO's Sr. Vice President & General Counsel, Svein Ringbakken who currently heads INTERTANKO's United States representation has been chosen to lead the organization until a new Managing Director has been appointed. A lawyer by training,. Ringbakken has been with INTERTANKO for nine years and during this time has actively been involved in a wide range of industry issues. His current area of responsibility includes governmental relations with a particular emphasis on the United States, the Association's legal, documentary and insurance activities. Within the above areas he has also represented INTERTANKO in the IMO, EU and the International Oil Pollution Compensation Fund. He has in addition to this had the primary responsibility for activities in the Americas region.

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