Our Leadership

EXECUTIVE MANAGEMENT

Experienced, effective and diverse leadership.

Martin Ackermann
Martin Ackermann
Chief Executive Officer
231,611 shares

Martin Ackermann has over 10 years of international management experience within the maritime industry. Prior to BW LPG, he was Chief Executive Officer of Evergas A/S and Managing Director of Eitzen Gas and B-Gas.


Mr Ackermann holds executive qualifications from INSEAD, China Europe International Business School, The Oxford Princeton Programme and Copenhagen Business School. Mr Ackermann is a member of the Institute of Chartered Shipbrokers and board member of World LPG Association.

Born: 1972

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Martin Ackermann
Elaine Ong
Chief Financial Officer
10,630 shares

Elaine Ong has over 20 years of experience in all aspects of Finance.

Prior to joining BW LPG in 2015, Ms Ong was Senior Vice President at BW Group since 2011.
She had also held various Finance leadership positions at Kraft Foods and Teekay Corporation.


Ms Ong is a Chartered Accountant (1996) with the Chartered Professional Accountants of Canada and holds a Bachelor of Commerce degree from University of British Columbia.

Born: 1972

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Martin Ackermann
Niels Rigault
Executive Vice President, Commercial
96,000 shares

Niels Rigault has 15 years of experience in competitive shipbroking. Prior to joining BW LPG in 2016, he was Senior Partner and Member of the Project department at Inge Steensland. He holds a bachelor’s in business economics from Vrije Universiteit Brussel / Vesalius College and a degree in Marketing from BI Norwegian Business School.

Born: 1976

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Martin Ackermann
Pontus Berg
Executive Vice President, Technical and Operations
6,495 shares

Pontus Berg has over 20 years of shipping experience from Ship Owners and Technical Management companies. Mr Berg has sailed up in the rank of Chief Engineer.


Prior to joining BW LPG in 2015, Mr. Berg was General Manager & Director General of Greenship Gas France and prior that Technical Manager in Evergas and in Eitzen Gas. Mr Berg holds a Bachelor of Science in Marine Engineering from Kalmar Merchant Marine University.

Born: 1976

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BOARD OF DIRECTORS

Martin Ackermann
Andreas Sohmen-Pao
Chairman
NIL shares

Andreas Sohmen-Pao has been Chairman of the Board of BW LPG Limited since 1 September 2013.


Mr Sohmen-Pao is currently Chairman of BW Group, BW Offshore, Hafnia and Singapore Maritime Foundation. He is also a non-executive director of Singapore National Parks Board and a trustee of the Lloyd’s Register Foundation.


Mr Sohmen-Pao was previously Chief Executive Officer of BW Group. He has also served as a non-executive director of The Hongkong and Shanghai Banking Corporation Ltd, The London P&I Club, The Esplanade Co Ltd, Sport Singapore and the Maritime and Port Authority of Singapore, amongst others.


Mr Sohmen-Pao graduated from Oxford University in England with an honours degree in Oriental Studies. He also holds an MBA from Harvard Business School.


Mr Sohmen-Pao has attended 5 of 5 board meetings in 2018.


Born: 1971

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Martin Ackermann
John Barrie Harrison
Vice Chairman
NIL Shares

John Barrie Harrison is an independent non- executive director of BW Group and Vice Chairman of BW LPG Limited since 2013.


He is also an independent non-executive director of AIA Group Limited, Cathay Pacific Airways Limited and Grosvenor Asia Pacific Limited and Chair of their audit committees, and a member of Cathay Pacific Airways Limited’s risk committee.


Formerly, Mr Harrison served as an independent non-executive director of Hong Kong Exchanges and Clearing Limited, The London Metal Exchange Limited, and LME Clear Limited. Mr Harrison was previously Deputy Chairman of KPMG International, Chairman of KPMG Asia Pacific and Chairman and CEO of KPMG China and Hong Kong. He is a Fellow of the Institute of Chartered Accountants in England and Wales and a member of the Hong Kong Institute of Certified Public Accountants.


Mr Harrison was educated at Durham University in England, from which he graduated in 1977 with a Degree in Mathematics.


Mr Harrison has attended 4 of 5 board meetings in 2018.


Born: 1956

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Martin Ackermann
Anders Onarheim
30,000 shares

Anders Onarheim has served on the BW LPG Board since 21 November 2013.


His extensive knowledge in management, business development and capital markets was acquired when he was Managing Director in companies within Carnegie Group for over 16 years.


Prior to Carnegie, Mr Onarheim served as the Head of Equities of Enskilda Securities Norway from 1994 to 1996. From 1990 to 1994, he served as an Executive Director in the Investment Banking division of Goldman Sachs in the UK. From 1986 to 1990, he was Vice President for institutional sales in Merrill Lynch in the US and the UK. Mr Onarheim has held numerous board memberships within different industries, and is currently Chairman of North Energy ASA, vice chairman of Reach Subsea ASA and board member of DHT Holdings, Inc.


He holds an MBA from the Washington University in St. Louis, where he graduated in 1986.


Mr Onarheim has attended 4 of 5 board meetings in 2018.


Born: 1959

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Martin Ackermann
Andreas Beroutsos
NIL shares

Andreas Beroutsos has served on the BW LPG Board since 21 November 2013.


He is a Partner, Private Equity, at HRS Management LLC. Between 2007 and 2017, he also served as the Executive Vice- President, Private Equity & Infrastructure, for la Caisse de depot et placement du Quebec, and as a Partner & Senior Managing Director at Eton Park Capital Management, where he led private investments.


Mr Beroutsos spent the first 17 years of his career at McKinsey & Co. in New York, where he was a Director and Senior Partner, serving as Head of the Global Private Equity practice and senior leader of the Financial Institutions Group. In 2013, Mr Beroutsos served on the General Council (Board of Directors) of the Hellenic Financial Stability Fund in Greece, as an independent member.


Mr Beroutsos holds BA and MBA degrees from Harvard University, both with high honours.


Mr Beroutous has attended 5 of 5 board meetings in 2018.


Born: 1965

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Martin Ackermann
Anne Grethe Dalane
NIL shares

Anne Grethe Dalane has served on the BW LPG Board since 21 November 2013.


She has been with Yara since 2003. Prior to this, Ms Dalane has held various senior management positions at Norsk Hydro in the areas of Human Resources, Corporate Strategy and Finance.


Her board experience includes Hafslund, EDB Business Partners, Prosafe and Petroleum Geo Services. Ms Dalane is a certified financial analyst and holds an MBA from Norwegian School of Economics.


Ms Dalane has attended 5 of 5 board meetings in 2018.


Born: 1960

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Martin Ackermann
Martha Kold Bakkevig
7,326 shares

Martha Kold Bakkevig has served on the BW LPG Board from 15 August 2017.


Ms Bakkevig currently serves as the CEO of Steinsvik Group and spent prior to that 10 years as Chief Executive Officer of DeepWell, an oil service company operating in the North Sea. Her term ended in 2016.


Ms Bakkevig has extensive experience in management, strategy and business development, and a broad academic background with a doctor’s degree in both technical and business strategical subjects. She holds a Master’s degree and PhD from the Norwegian University of Science and Technology (NTNU) and a Doctorate in Economics from BI Norwegian Business School.


She is also non-executive director of public listed company Kongsberg Group.


Ms Bakkevig has attended 5 of 5 board meetings in 2018.


Born: 1962

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Corporate Governance

Corporate governance in BW LPG is governed by the Bermuda Companies Act and the Company’s Memorandum of Association and Bye–laws. In addition, certain aspects of the Company's corporate governance are governed by the Norwegian Securities Trading Act, the Norwegian Stock Exchange Regulations and the Continuing Obligations for Companies Listed on the Oslo Stock Exchange. BW LPG Limited's Guidelines on Executive Remuneration are available for download here.

BW LPG Limited's Bye-laws are available for download here.

Nomination Committee

The Nomination Committee comprises Mr Andreas Sohmen-Pao (Chairman), Mr Ronny Langeland and Mr Thomas Wamberg as members. The Nomination Committee is responsible for nominating persons for election as directors, providing recommendations on the suitability of candidates for election as a director and to make recommendations for the remuneration of the directors. The Nomination Committee also proposes candidates for election to the Nomination Committee and proposes the remuneration to be paid to the members of the Nomination Committee.

The Guidelines for the Nomination Committee are available here.

Martin Ackermann
Ronny Johan Langeland
Committee Member

Ronny Johan Langeland, member of the Nomination commitee, born 1962, runs his own investment and consultancy company. Mr Langeland’s previous appointments include vice president for investment at Storebrand and Avanse Forvaltning. He has also held a number of other directorships. Mr Langeland is currently the Vice Chairman of BW Offshore, and was previously a Director of Prosafe Production from 2008, and then Chairman from 2010 until October 2010. Mr Langeland is a Norwegian citizen and resides in Rælingen, Norway. He is independent from the Company’s management, major shareholders, and principal business associates.

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Martin Ackermann
Thomas Wamberg
Committee Member

Thomas Wamberg, member of the Nomination Committee, born 1968, is a consultant in Egon Zehnder, one of the world’s largest executive search and talent strategy firms. Mr Wamberg, who is based in Copenhagen, is a trusted advisor in Chief Executive Officer, Chief Financial Officer and board succession as well as other C-suite, finance and HR executive search. He serves clients across shipping, oil & gas, private equity, consumer, engineering, manufacturing, finance and the service sector, leveraging his French, Spanish and Latin American knowledge and language skills. Mr. Wamberg earned a MSc in Civil Engineering from the Technical University of Denmark, a Graduate Diploma in International Commerce from Copenhagen Business School, and an MBA from INSEAD in France.

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