NOL Appoints New CEO, CFO

June 14, 2016

Serge Corbel (Photo: NOL)
Serge Corbel (Photo: NOL)
Nicolas Sartini (Photo: NOL)
Nicolas Sartini (Photo: NOL)

Amid a takeover by France’s CMA CGM, Singapore container shipper Neptune Orient Lines (NOL) has named a new chief executive officer and chief financial officer.

 
Nicolas Sartini will take over as chief executive officer, succeeding Ng Yat Chung, who has served as NOL president and CEO since 2011.
 
New chief financial officer Serge Corbel will join Sartini as executive directors of the newly constituted 10-member NOL board.
 
Ng will continue as executive director on the NOL board and will be a special adviser to the new chairman, Rodolphe Saadé, who is also the vice chairman of CMA CGM.
 
Saadé succeeds Kwa Chong Seng, who has served the NOL board chairman for five years.
 
Kwa, meanwhile, will remain on the board as an independent director.
 

Logistics News

Oakland Board of Port Commissioners Elects New Board President

Oakland Board of Port Commissioners Elects New Board President

IHI, Vopak Collaborate to Develop and Operate Japanese Ammonia Terminal

IHI, Vopak Collaborate to Develop and Operate Japanese Ammonia Terminal

Latin America's First Electric Tug Debuts

Latin America's First Electric Tug Debuts

Houthi Leader: Shipping Goods Related to Israel Through the Region Isn't Permitted

Houthi Leader: Shipping Goods Related to Israel Through the Region Isn't Permitted

Subscribe for Maritime Logistics Professional E‑News

INDIA RUPEE Rupee weakened by dollar rise, but modest outflows are still occurring; premiums for forward contracts have risen.
Norwegian Air pays first dividend after beating expectations
The key events of the Air India crash investigation