In this episode, Nicolai Tangen is joined by Tufan Erginbilgic, the CEO of Rolls-Royce, to discuss the transformation journey of this iconic company. With over 20 years at BP, where he led the downstream business to double underlying earnings and triple returns, Tufan brings a wealth of experience in driving change in complex organizations. Since taking the helm at Rolls-Royce in the beginning of 2023, he has launched a bold transformation strategy focused on long-term progress, breaking away from loss-making contracts, simplifying the company's structure, and investing in cutting-edge technology. Under his leadership, Rolls Royce has seen its best stock performance in 30 years and paid its first dividend in five years.Join us as Tufan shares his insights on leading a turnaround, the cultural shifts necessary for sustained performance, and the importance of strategic progress in the aerospace and defense sectors. Tune in for an engaging conversation that delves into leadership, innovation, and the strategic vision driving Rolls-Royce forward.The production team for this episode includes PLAN-Bs Pål Huuse and Niklas Figenschau Johansen. Background research was conducted by Kristian Haga.Watch the episode on YouTube: Norges Bank Investment Management - YouTubeWant to learn more about the fund? The fund | Norges Bank Investment Management (nbim.no)Follow Nicolai Tangen on LinkedIn: Nicolai Tangen | LinkedInFollow NBIM on LinkedIn: Norges Bank Investment Management: Administrator for bedriftsside | LinkedInFollow NBIM on Instagram: Explore Norges Bank Investment Management on Instagram Hosted on Acast. See acast.com/privacy for more information.

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