A Norwegian citizen, Mr Ostbo has significant frontline experience in the fertilizer industry and a proven track record of leadership and team management.
He has extensive experience of overseeing production processes, a strong background in productivity transformation, corporate finance, and commercial restructuring.
Mr Ostbo began his career as a consultant with McKinsey & Co, supporting energy, chemicals and materials companies in Europe, the Middle East and Africa. He advised on issues ranging from M&A and corporate finance through to operational/commercial improvement programs and regulatory strategies.
He joined Yara International in 2010 as Vice President, Product Management and Optimization, subsequently becoming Senior Vice President of Gas and Industrial Applications. He was promoted to Executive Vice President, Production, where he managed 28 chemical production factories and four mines in 16 countries, before being appointed EVP and Chief Financial Officer.
A published author, Mr Ostbo also founded Network Nine, a senior management development program.
He holds a Master´s degree in Finance from the Norwegian School of Economics and Business Administration (NHH). In addition, he completed a one-year qualification in history studies at the University of Bergen.