V.Group has today formally announced the appointment of Petter Traaholt as Chief Financial Officer and as a member of the V.Group Board.

Petter joined V.Group from Eltel Group, a leading provider of technical services for power and communication networks, where he was Group CFO, based in Stockholm.

Prior to joining Eltel in 2017, Petter held a number of senior operations and finance roles in Wilhelmsen Holding ASA; initially combining roles as CFO and Deputy CEO of Wilhelmsen Maritime Service, then in 2010 becoming President of Wilhelmsen Technical Solutions. Petter has also held international senior finance roles with ASSA ABLOY, Boliden and Trelleborg Group.

Graham Westgarth, Chief Executive Officer for V.Group, said: “Petter’s extensive knowledge of the marine sector and previous industry experience in services, will be invaluable in providing strong financial and strategic leadership to the board and the wider business. I am looking forward to working with him immensely as we continue to develop V Group’s customer service offering.”