Obituary: John Newbold

Tuesday, April 15, 2008

John "Jock" Newbold died Saturday, April 12, in New York. He was among the most well-known and highly respected figures in shipping and financial circles.

Jock was most recently a Non-Executive Director of Castalia Partners Limited and also a member of the Advisory Board of Castalia Straits L.P.

Newbold retired from Citigroup in 1997 after a 36-year career, the last 21 of which were spent with Citibank’s business with the shipping industry.  From 1985 to 1997, Newbold was Division Executive in charge of the Global Shipping Division with offices in New York, London, Piraeus, Tokyo and Hong Kong. Earlier in his career, he held positions as Head of the Corporate Bank in Japan, Head of the World Corporation Group for Singapore and Malaysia, and Head of the Wholesale/Retail Trade Department in the United States. 

After his retirement from Citigroup, he was a consultant to companies in the shipping industry.  He also served as Chairman and a director of a privately held real estate investment company, Merchants’ Fund Inc., in Bethesda, MD, a role he held since 1981. For four years, he was the Chairman and a director of First Olsen Tankers Ltd, until he resigned in 1999 after the company was taken private. He served as director of Grupo TMM SA de CV, Mexico City from 1998 until July 2003 and was a director of Timex BV, the maker of Timex watches until 2005.  

Mr. Newbold lived in New York, New York.  He held a BS degree from Yale University and an MBA from New York University. 

Maritime Reporter November 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People in the News

Madsen to Chair Norway’s Research Council Executive Board

Henrik O. Madsen appointed chairman of the executive board of the Research Council of Norway   DNV GL president and CEO Henrik O. Madsen was appointed as chairman

Damen Shipyards Galati wins Dutch Romanian Award

Damen Shipyards Galati has been presented with the Dutch Romanian Business Award for its Corporate Social Responsibility plan, particularly the Group’s community investment initiatives.

Lowrance Renews Insight Genesis College Cup

Lowrance®, a world-leading brand in fishing electronics since 1957— announced today the renewal of its Insight Genesis™ College Cup. In its second year, the

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Navigation Offshore Oil Pipelines Pod Propulsion Ship Electronics Ship Repair Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2131 sec (5 req/sec)