Chairman of the Board since 2002
Member of the Nomination Committee
and the Compensation Committee
Director and CEO 2001-2002
Born in 1960, Ian Lundin graduated from Tulsa University in 1982 with a Bachelor of Science in Petroleum Engineering. Upon graduation, he joined Wintershall AG where he worked as a drilling engineer.
In 1984 he joined International Petroleum Corporation (“IPC”), working in a variety of operations roles he oversaw exploration projects in Papua New Guinea, Thailand, Oman and the U.A.E. In 1990 he was appointed President and Chief Executive Officer of IPC.
In 1998, Sands Petroleum AB and IPC merged to form Lundin Oil AB and Mr. Lundin was appointed CEO. Following the $480 million takeover of Lundin Oil by Talisman Energy in 2001, Lundin Petroleum was formed and Mr. Lundin was appointed CEO. In May 2002 he was appointed Chairman of the Board of Lundin Petroleum AB
Ian H. Lundin is a member of the Lundin family that holds 94,376,494 shares through a family trust, Nemesia.¹
Ian Lundin is in the Nomination Committee’s and the Company’s opinion independent of the Company and Group management, however, not independent of the Company’s major shareholders due to the Lundin family’s shareholding in the Company.
¹ Shareholding as at 30 September 2018, updated following transfer of shares from Landor Participations to Nemesia.