Danish bunker and tanker group Monjasa has welcomed experienced shipping executive Lotte Gronborg Lundberg to its board.
The head of the Danish Maritime Fund (DMF) replaces Tage Bundgaard, 75, as one of five directors.
The move has been made to further sustain Monjasa’s position in the top 10 of global ship fuel suppliers, the company said.
Lundberg comes with over 40 years of international maritime leadership experience.
She previously spent decades at AP Moller-Maersk, mainly at Maersk Line, Maersk Procurement and Maersk Broker.
'A true maritime professional'
Monjasa chairman Christian Merrild said: "We are delighted to welcome a true maritime professional like Lotte into the Monjasa Holding boardroom.
"She brings new and interesting competencies covering many aspects of the ongoing shipping industry transformation, including shipmanagement and newbuild programmes. We need the best people on board to navigate tomorrow’s challenges in oil and shipping."
Lundberg was born in 1959 and joined AP Moller-Maersk in 1978 as a management trainee. She only left the group in 2017.
Her work at DMF involves providing grants, finance and loans to the domestic industry.
The director is also on the board of the Danish ports of Frederikshavn and Kolding, UK-based Northern Marine Group and Norwegian ferry operator Norled.
Working to promote women
She has previously served as chair of the Danish organisation Women in Boards, promoting women into top management and director roles.
Monajsa chief executive Anders Ostergaard said: "I have known Lotte for around 15 years and followed her exciting maritime career with AP Moller-Maersk and at port authorities and maritime organisations.
"Lotte is driven, curious, outspoken, and has a grounded personality, which altogether makes her and Monjasa a good match."
The CEO added: "Monjasa is fast approaching 20 years in oil and shipping and Lotte’s entrance in the board of directors complements the overall maturity of the Monjasa Group.”
Bundgaard is stepping down following eight years at Monjasa.
"Positivity, experience and loyalty have been keywords describing Tage Bundgaard, while serving Monjasa with invaluable knowledge from a life dedicated to shipping," the company said.
