The NOL Board, chaired by Mr Rodolphe Saadé, today named Mr Nicolas Sartini as NOL Chief Executive Officer and Mr Serge Corbel as NOL Chief Financial Officer. Both executives, in addition to leading the global container shipping business, are also Executive Directors of the newly constituted 10-member NOL Board.
The appointments came after the NOL Board of Directors, which was reconstituted on 9 June 2016, convened today.
Mr Saadé, who is also the Vice Chairman of CMA CGM, succeeds Mr Kwa Chong Seng who has served the NOL Board as Chairman for five years. Mr Kwa will remain as an Independent Director on the Board. Mr Sartini takes over the reins from Mr Ng Yat Chung who has served as NOL Chief Executive Officer since 2011. Mr Ng will continue as an Executive Director on the NOL Board and at the same time serve as special adviser to the Chairman.
About the CMA CGM Group
CMA CGM, founded and led by Jacques R. Saadé, is a leading worldwide shipping group.
Its 450 vessels call more at than 400 ports in the world, across all 5 continents. In 2015, they carried 13 million TEUs (twenty-foot equivalent units).
CMA CGM has grown continuously, and has been constantly innovating to offer its clients new sea, land and logistics solutions. With a presence in 163 countries, through its 426 offices, the Group employs 22,000 people worldwide, including 2,400 at its headquarters in Marseille.