Teekay Tankers said it has appointed a new chief financial officer after its long-serving finance chief split the role between the tanker daughter and parent firm Teekay Corp.

Stewart Andrade will be the new chief financial officer of Teekay Tankers, succeeding Vince Lok.

Lok has been chief financial officer for Teekay Tankers and Teekay Corp since 2007. He will remain Teekay Corp's chief financial officer.