Frithjof Norman Lund

Frithjof is a senior partner in McKinsey’s Oslo office. He leads McKinsey’s Private Capital Practice in the Nordics and McKinsey’s global board services work, helping CEOs and boards of directors improve corporate governance.

He specializes in strategy, transformation, and governance for private-equity (PE) portfolio companies and resource-intensive industries. Frithjof advises executives on developing winning strategies amid the current technological and geopolitical landscape, accelerating transformational change, and implementing robust governance frameworks.

Examples of his recent client work include:

• helping a leading technology company shape a new strategic direction, redesign its organizational structure and corporate governance processes, and accelerate strategy delivery over a multiyear advisory relationship—enabling the company to massively outperform its peers in subsequent years
• supporting the transformation of a PE-backed portfolio company, helping assess its full potential, architect the transformation program, establish required performance management, and accelerate value capture—enabling it to quadruple in value over five years

To strengthen McKinsey’s advisory within corporate governance, Frithjof founded McKinsey Board Services in 2013, establishing it as a dedicated service line which he currently coleads globally. In this role, he has directed multiple board- and governance-related engagements and overseen McKinsey’s global surveys of governance best practices.

Frithjof speaks frequently on the topics of board governance and transformational change in the age of AI, both in Norway and internationally.