Norwegian salmon producer Masoval has appointed Anders Hagestande as its new CFO, effective Sept. 18.

Hagestande previously held positions as CFO at Blue Resource Group and Bjoroya.

He replaces Gunnar Aftret, who resigned from his position in May but remains available to the company until the end of November to support the transition process.

"His background and experience in the seafood industry will be valuable for the further development of the company," Masoval CEO Helge Kvalvik said.