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Frontline appoints CEO's daughter

LONDON (Bloomberg) — Bermuda-based Frontline Ltd., the oil-tanker business led by Norwegian billionaire John Fredriksen, has appointed Kathrine Fredriksen as a director.

Fredriksen, the daughter of chief executive officer John Fredriksen, will replace Tor Olav Troim who will continue to act as an alternate director, Frontline said in a statement distributed by Hugin yesterday.