Private equity player, HitecVision, has informed that Jan Harald Solstad will join the company on the October 1 as Senior Partner.

For the last five years Jan Harald has been CEO of Core Energy, a HitecVision Fund V portfolio company.

Jan Harald started his career at oil company Conoco, where he worked in Norway as an economist and business analyst and later in London as an oil trader and risk manager. Following a period heading E&Y’s Norwegian E&P corporate finance team, he founded the corporate finance firm SB Finans in 2003. The company later became part of investment bank RS Platou Markets, still under Jan Harald’s leadership.

In 2010, Jan Harald established Core Energy, together with a team of oil company executives with financial backing from HitecVision. Over the last five years, Core has been developed into a successful independent oil and gas company.

He will step down from the position as CEO of Core Energy. Thomas Bjørgo will from the same date assume the role as CEO of the company. Bjørgo is one of the founders of Core Energy and has since inception of the company held the position as CFO. Jessica S. Nordvall will assume the position as acting CFO of Core Energy.

Jan Harald Solstad said: “The Core Energy team has over the last 5 years built a successful E&P company with an attractive portfolio of production, development and exploration assets on the NCS. I am very confident that Thomas Bjørgo will be a highly capable CEO leading Core Energy in the next phase. I am looking forward to continue to working closely with him and the rest of the Core Energy team through my role as member of the Board of Directors and through HitecVision´s active ownership model.”