ABN Amro has hired Havard Sjursen Lie from Danske Bank as a coverage banker for shipping companies in the Nordics.

It is a new position to improve services to existing and new clients, he told TradeWinds.

He will work with a colleague at the Oslo branch to ensure clients get access to the full range of the Dutch bank’s services, reporting to ABN Amro’s head of Norway, Nicolette Dijkshoorn.

Sjursen Lie was an equity research analyst at Danske Bank in Oslo, covering shipping companies including Frontline, Golden Ocean Group, Flex LNG, Hafnia, Stolt-Nielsen and Torm.

The Danish bank has suspended its research coverage of the shipping companies that he analysed, according to Bloomberg data.

Sjursen Lie also worked as a shipbroker at Fearnleys from 2013 to 2021.

ABN Amro is one of the world’s leading shipping banks. Its industry book sits at around $7bn, according to the latest data from Petrofin.