The work of the Arctic Economic Council is guided by the members of the Executive Committee:

Heidar Gudjonsson
Heidar Gudjonsson

AEC Chairman,  Iceland

Heidar Gudjonsson serves as the Arctic Economic Council’s Chairman during the Icelandic business community’s chairmanship (2019-2021).

Mr. Gudjonsson is the CEO of Sýn hf. (Vodafone), vice-chairman of HS Utility and chairman of the first infrastructure investment fund in the Arctic, Innviðir fjárfestingar slhf. (2015). Gudjonsson has been working in business in the Arctic for the last 20 years. After finishing his economic studies at the University of Iceland business led him to work in New York, London and Zurich, for close to two decades, but always with one foot firmly set in Iceland. Gudjonsson has built hydropower plants in the area, invested in infrastructure through electricity and water utilities and founded a Norwegian Icelandic oil exploration company. He is the Chairman of the Icelandic Arctic Chamber of Commerce, is on the Advisory Board of the Arctic Circle and author of the “Arctic Push” (2013), a bestseller in Iceland.

Evgeniy Ambrosov
Evgeniy Ambrosov

AEC Vice Chair, Russian Federation

Evgeniy Ambrosov is Senior Executive Vice President & Chief Operating Officer of PAO Sovcomflot, Russia’s largest shipping company and one of the world’s leading transporters of energy by sea. He joined the company in June 2009, with responsibility for commercial fleet operations, including a sophisticated fleet operating in the harsh environments of the Far Eastern and Arctic seas and for developing the potential of the Northern Sea Route for large tankers’ transits.

A graduate of the Maritime State University in Vladivostok, Russia (1979), Mr. Ambrosov worked for nearly 30 years in Russia’s Far Eastern Shipping Company, rising from the position of Cargo Superintendent to President & CEO of the company.  Company website.

Erling Kvadsheim
Erling Kvadsheim

AEC Vice Chair, Norway

Erling Kvadsheim is the International Director at the Norwegian Oil and Gas Association. He has spent his entire career in the oil and gas sector and knows the industry and the issues that are important for this sector very well.

He has a background as geologist, and has worked in oil companies, for the Norwegian authorities, as a strategy consultant and now as head of one of the departments in the oil companies’ industry association. Among his responsibilities are international relations and Arctic issues.

Thomas Mack
Thomas Mack

AEC Vice Chair, Aleut International Association (AIA)

Mr. Mack is the President & CEO of The Aleut Corporation. Mr. Mack oversees the corporation’s business operations and subsidiaries which provide Government Contracting, Fuel Sales, Mechanical Construction, Radiochemical Analysis and Remediation, Industrial Products and Services and Real Estate Management. The Company also participates in various partnerships, joint ventures and other business activities. The Aleut Corporation is one of the thirteen Regional Native Corporations that were established in 1972 under the terms of the Alaska Native Claims Settlement Act (ANCSA).   Company website.

Mr. Mack was raised in King Cove, located on the tip of the Alaska Peninsula, and is an original shareholder of both The Aleut Corporation and King Cove Corporation. He earned a Master of Business Administration degree at Alaska Pacific University, a Master’s of Science degree from Western Oregon University and a Bachelor’s degree in Education from the University of Alaska-Anchorage. Mr. Mack also completed numerous executive leadership programs at Stanford University, the University of Chicago Booth and Harvard University.

Tero Kiviniemi
Tero Kiviniemi

AEC Vice Chair, Finland

Tero Kiviniemi is the President and CEO of Destia. He is a Chair and Member of the Management Team from the 1st of July, 2018. Tero Kiviniemi holds an M.Sc. in Engineering and Executive MBA. Additionally, he is a graduate of the Advanced Management Program at Harward Business School.

Previously Tero Kiviniemi was working as an Executive Vice President at YIT Corporation. He was also a Head of the Business Premises and Infrastructure segment, Head of YIT’s Construction Services (Finland segment), a Division Manager at Structural Engineering and Regional Infra Services, and Business Unit Manager. From 1996 to 2005 he also worked in various positions at the YIT Construction.