Norwegian cod farmer Norcod appointed Arne Kristian Hoset as its new chief financial officer.

Hoset, who has previously worked for advisory firm EY, as well as Q-Free and Toyota, will take up the position in March.

Current CFO Kia Zadegan, will continue in the role of chief operating officer, a position he was appointed to in November.

Zadegan has been serving as acting CFO until the appointment of his successor.

"Norcod is on a significant growth path. An expansion of the management team is necessary to ensure that we realize our plans," Norcod Managing Director Christian Riber said.