NOL Elects Deputy Chair And New Directors
NOL has named Cheng Wai Keung as deputy chairman, and has further expanded by appointing Marvin J. Girouard and Dr. Friedbert Malt as non-executive directors. Keung, who has been with NOL since 1992, has further developed his working knowledge of the company as a member of the executive committee since 1997, while Girouard, the current chairman and CEO of Pier One Imports, and Dr. Malt, a prominent German banker, both bring a wealth of knowledge to NOL's board.
Passenger Vessels With Pedigrees
Italian prowess in the field of passenger vessel design, outfitting and technology is near legendary status in the international marine community. Even as the grip on these high-value, niche vessels loosens — largely due to cost-cutting competition from the Far East — a quick peak a the world orderbook and recent deliveries of cruise ships quickly tells who currently reigns supreme in the cruise shipping market. Evidence of Italian influence in the passenger vessel segment is undeniable, and over the years the country's shipbuilders have catered to some of the world's most discerning and quality demanding customers, such as U.S.-based Disney Cruise Line.
New Directors Named at NOL
Neptune Orient Lines (NOL) has appointed Ang Kong Hua and Willie Cheng Jue Hiang, to the Board of Directors, and confirmed Ron Widdows as CEO of its container transportation unit, APL. Ang Kong Hua becomes a Vice Chairman of the Board, joining Dr Friedbert Malt in this role, and will sit on both the Board’s Executive Committee and Nominating Committee. Willie Cheng Jue Hiang will serve on the Audit Committee in addition to his responsibilities as a member of the full Board. NOL Group Chairman Cheng Wai Keung said both Ang Kong Hua and Mr Willie Cheng offered a valuable breadth of skills and management experience in the global business arena. Mr Ang Kong Hua is President of NatSteel, a listed Singapore-based manufacturing group.
NOL Names Lim as President and CEO
Singapore-based container shipping group, Neptune Orient Lines (NOL), has appointed David Lim as group president and CEO. Lim will assume his new role on July 10, where he will join Group CFO Lim How Teck as an executive director on the NOL Board. Lim has experience in both the public and private sectors, including as CEO of the Port of Singapore Authority (PSA), where he initiated the global expansion of the world leading transportation hub with the acquisition of the Dalian Port in China; as CEO of China-Singapore Suzhou Industrial Park in China, CEO of Jurong Town Corporation and most recently as a Singapore Government Cabinet Minister.
