Martin Ackermann will step down as chief executive of BW LPG at the end of 2019, after five years leading the company from Singapore.
The company said Ackermann was resigning "for family reasons".
Anders Onarheim will act as interim chief executive of the Oslo-listed VLGC owner, which is under the umbrella of Singapore-based BW Group.
Onarheim has been a non-executive director of BW LPG since 2013 and was previously managing director of Nordic investment bank Carnegie.
Ackermann said of his departure: "It has been a privilege to lead BW LPG through some challenging years and to see it continue as a strong platform for the future."
Andreas Sohmen-Pao, chairman of BW LPG and BW Group, said the board wished Ackermann "all the best in his future endeavors".
Dividend payout
BW LPG has just paid out an unexpected dividend after posting its best-ever quarterly profit for the third quarter.
Prior to taking the top job at BW LPG, Ackermann was chief executive of Evergas, where he rose through the ranks from his start as chartering manager.
He was also managing director of Eitzen Gas and of B-Gas.
Ackermann holds executive qualifications from INSEAD, China Europe International Business School, The Oxford Princeton Programme and Copenhagen Business School, according to his bio on the BW LPG website.
He is also a board member of the World LPG Association.
