Statoil has confirmed a new director has been elected to its board.
Wenche Agerup has stepped in to replace Catherine Hughes who withdrew from the board in April this year.
Agerup was previously the executive vice president for corporate staffs and the general counsel of Norsk Hydro from 2010 until December 2014.
She has held various executive roles in Hydro since 1997 including within the company’s M&A activities.
Agerup is also currently a board member in Oslo Børs Holding VPS ASA/Oslo Børs ASA (the Oslo Stock Exchange) and the seismic company TGS, and has competence and experience within corporate governance.