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Pontus Fredriksson has been appointed new Group President of GAC Group effective from January 2023
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Fredriksson joined GAC in 2007 and has been Group Vice President of GAC’s Americas region since August 2019
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Bengt Ekstrand, who has held the position for the past 10 years, will take on the role of Executive Co-Chairman alongside GAC’s long-standing Executive Chairman Björn Engblom
GAC Group has appointed its new Group President, Pontus Fredriksson, effective from January 2023.
Bengt Ekstrand, who has held the position for the past 10 years, will take on the role of Executive Co-Chairman alongside GAC’s long-standing Executive Chairman Björn Engblom, the company said in a statement.
Ekstrand’s tenure began at a time of economic turmoil in the Eurozone and expanding armed conflicts in the Middle East. Sluggish oil prices then also plunged to less than $45.00 a barrel.
During that uncertain period, Ekstrand launched a wide-ranging reform program within GAC known as Delta21. Significant structural and operational changes followed that made the Group more resilient, more efficient, and more profitable. He leaves the position with GAC reporting record results in recent years.
The new Group President
Fredriksson joined GAC in 2007 and has been Group Vice President of GAC’s Americas region since August 2019. He previously held various finance and managerial roles in the Middle East, including Managing Director of GAC Bahrain.
“Pontus has consistently demonstrated a strong commercial focus and top leadership skills,” says Ekstrand. “His acumen and sound industry knowledge put him in a good position to lead the Group to further successes in a turbulent environment and I look forward to supporting him in his new role.”
GAC delivers services from 300+ offices around the world and employs about 7,500 people worldwide.
