After nearly four years, Wallenius Wilhelmsen chief financial officer Torbjorn Wist is returning to his roots.

The world’s largest car carrier operator said on Wednesday that Wist was leaving to become executive vice president and group chief financial officer at the Telenor Group, where he spent more than a decade before joining the shipping industry.

He will remain at the post “no later than 31 January 2025”, the company said.

“I will always value the experience and skills I have gained alongside my colleagues in Wallenius Wilhelmsen. I am very grateful for my years in the company, and proud of our collective achievements in delivering on the strategy and shaping the future,” Wist said in a statement.

“Now the time has come to pursue a new and exciting opportunity in Telenor Group.”

Wist joined the company in his current role in October 2020 before being promoted to interim chief executive in March 2021 following the departure of Craig Jasienski.

He would remain there for 15 months until current chief executive Lasse Kristoffersen was hired away from Klaveness Combination Carriers.

“I want to thank Torbjorn for his contribution to the development of the company over the last years,” Kristoffersen said.

“He has played a key role both as CFO and acting CEO and contributed to the very strong financial and strategic position of Wallenius Wilhelmsen today.

“I want to thank him for a good and close collaboration during my two years as CEO and wish him all the best in Telenor.”

Before Wallenius Wilhelmsen, Wist served as finance chief at Scandinavian Airlines Systems.

Prior to that, he had several treasury and mergers-and-acquisitions roles over 13 years at Telenor.