Vakana Congratulates Torbjörn Törnqvist for His Exceptional Leadership

Vakana extends its warmest congratulations to Torbjörn Törnqvist, outgoing CEO and co-founder of Gunvor, for his remarkable leadership and the outstanding achievements reached under his tenure. Through his strategic vision and unwavering commitment, Mr. Törnqvist has successfully elevated Gunvor to the highest levels of global performance and industry influence.

His tenure has also been marked by the trust and collaborative spirit he fostered with strategic partners.

*A notable example is the landmark financing of more than USD 1 billion secured by Gabon Oil Company (GOC) for the acquisition of Assala Energy’s assets in Gabon—the largest transaction in Africa in 2024*.

Vakana is proud to have served as strategic advisor in this pivotal operation, and deeply appreciative of Gunvor’s confidence throughout this complex and transformative process. This milestone reflects not only Gunvor’s vision and leadership under Mr. Törnqvist, but also the strength of the partnership built with Vakana in supporting impactful, high-value initiatives across the continent.

New CEO of Gunvor

Vakana also expresses its full confidence in Gary Pedersen, the newly appointed CEO. His deep industry experience, forward-looking mindset, and commitment to innovation will undoubtedly reinforce Gunvor’s leadership and support its long-term strategic ambitions.

“Gunvor’s evolution under Torbjörn Törnqvist has been exemplary, and his legacy will continue to inspire the industry.

We fully trust Gary Pedersen’s leadership to build on this strong foundation and guide Gunvor into a new era of sustainable and responsible growth. Vakana remains committed to strengthening our collaboration and supporting this new chapter.” Mohamed Dagdag , Vice-Chairman Vakana.