Forum Securities AS, established 2007, offers independent analyses and FX products.

Bjørn Erik Noren

Chairman of board

Noren has extensive experience from the oil and gas industry (Statoil ASA, Norsk Hydro ASA and INTSOK). Noren has had numerous roles within business development (oil and gas fields), strategy (shipping and heavy oil) and contract negotiations. Within the legal field Noren has specialized within public procurement, construction and contract law, collective and individual law, tax law, as well as mortgage and bankruptcy law. Noren is a graduate of the Norwegian School of Economics and holds also a Master of Laws from the University in Oslo.

Ingrid H. Ødegård

Office Manager

Herman W. Michelet

CEO

Michelet has extensive experience within the finance, shipping and commodities space. Michelet founded the maritime exchange Imarex (peak market capitalization of >200MUSD). Prior to Imarex, Michelet was with RS Platou Shipbroker for 13 years as partner and shipbroker. Michelet has held/holds numerous roles within the industry, including Chairman of Commodity Holding AS and board member of Griffin Markets Group ltd.

Terje Håkon Hanssen

FX

Director of sales and responsible for FX customers. Terje has 35 years of experience in the FX and interest markets.

Sven Melsom Ziegler

Analysis & Strategies

Head of analysis and responsible for quantitative investment strategies. 21 years at Clarksons Platou, last 10 years as Senior Analyst/Head of Offshore Analysis and partner. Extensive experience and expertise in analyzing and developing market models in conventional shipping and offshore industry. Graduate of University of Strathclyde, UK, with B.Sc. (Hons) in Technology and Business Studies. Post-Graduate of CASS Business School, M.Sc. in Shipping, Trade in Finance.