Danish power cable maker NKT has appointed Michael Yong as chief financial officer of NKT and NKT A/S, effective 1 April 2026, the company said.
Jens Due Olsen, chair of NKT’s board of directors, said the appointment followed a rigorous selection process and reflected Yong’s deep insight into the business and extensive industry experience.
He added that Yong’s multinational background has been instrumental in supporting NKT’s expansion into new markets.
Following the appointment, NKT’s executive management team will comprise president and chief executive Claes Westerlind and Yong.
“I look forward to close collaboration with Michael as NKT’s new CFO,” Westerlind said.
“He has played a central role in formulating and implementing our strategies over the past five years, during which NKT has grown and our financial trajectory has improved significantly.”
As incoming CFO, Yong said he was looking forward to taking on the role.
“I am excited to step into the role of CFO and continue working closely with the Group Leadership Team and our more than 6,000 colleagues worldwide,” he said.
“NKT plays a critical role in enabling the global energy transition, and I look forward to applying my experience in this new role to support NKT’s continued growth and value creation.”
Yong succeeds Line Andrea Fandrup, who will leave NKT no later than the end of April 2026.
