Lars Solbakken was elected board member of NorthCape in May 2023. He has a Master of Science degree in Economics and Business Administration from Norwegian School of Economics (NHH). Mr. Solbakken has more than 40 years shipping and finance experience, including several positions as CEO and Board Member. From 2012 to 2022, Solbakken served as CEO of Oslo listed Ocean Yield. Prior to Ocean Yield, he served as CEO of Norwegian Car Carriers from 2009 to 2012, and from 2006 to 2009 he was CEO of Ship Finance Management. From 1997 through 2006, Mr. Solbakken was employed as General Manager of Fortis Bank in Norway and was also responsible for the bank’s shipping and oil service activities in Scandinavia. From 1987 to 1997, Solbakken served in several positions in Christiania Bank (now Nordea Bank). He was Senior Vice President and Deputy for the shipping and offshore and aviation group, head of equity issues and M&A activities and General Manager for the Seattle Branch. From 1982 to 1887 he was finance manager / board secretary at Wilhelm Wilhelsen.