Argentum appoints interim CEO

Espen Langeland has been with Argentum since 2003 and held the position as Head of primary investments for many years. Photo: Ilja C. Hendel

On Friday, 23 September, Argentum’s Board of Directors appointed Espen Langeland as acting Chief Executive Officer. He succeeds Joachim Høegh-Krohn, who has led the company since 2006.

“I am happy to see Mr Langeland in place as interim CEO. He has held a central position in the company since he started in 2003 and is thus a carrier of continuity,” says Bjørn Erik Næss, Chairman of Argentum.

Mr Langeland is currently the Head of primary investments at Argentum, responsible for new commitments to private equity funds.

“I look forward to assuming the role with my talented colleagues in Bergen and Oslo. At the same time, I would like to thank Joachim for his leadership over the past 16 years,” says Langeland.

Høegh Krohn is now leaving Argentum.

“It feels safe to hand the leadership helm to Espen, and I wish him the best of luck. I am proud of our good results for the Norwegian state and private clients in Argentum,” says Høegh-Krohn.

“The results that Joachim and the team have delivered over the years are impressive. Last year, the company had a return of close to 50 per cent in what was a record year. In the first half of 2022, the portfolio has developed stably, with an increase of 4 per cent, despite geopolitical unrest, inflation, interest rate rises and stock market turmoil. It bodes well for the company’s future,” says chairman Næss.