Rolf Westfal-Larsen is to step down as chief executive of the Westfal-Larsen Group at the end of the year, the company has confirmed.

However, the 73-year-old will still be involved with the Bergen-based company as a board member and advisor.

The changes will also see Rolf Westfal-Larsen Jnr has been named as chief executive of Westfal-Larsen Management and Westfal-Larsen &Co effective 1 January 2017.

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