Former Hapag-Lloyd CFO Peter Ganz has joined the top management team of the Hamburg asset and investment manager MPC Capital AG's shipping business with effect from 1 January 2016.
As a member of the extended Management Board the 48-year old Business Administration graduate will be in charge of the company's shipping activities.
Until last year Ganz served as CFO of Hapag-Lloyd AG for six years. In that role he was deeply involved in the successful restructuring of Hapag-Lloyd, primed the company for operating on the capital market and thereby secured financing for additional growth.
Most recently, he contributed significantly to the merger with the Chilean shipping company CSAV.
"Peter Ganz possesses an exceptional knowledge of the shipping segment and especially of the capital market; we want to make the most of that expertise for our shipping activities," commented Ulf Hollaender, CEO of MPC Capital AG.
Ulf added: "The current situation on the shipping markets and its implications for shipping companies and financiers will create interesting investment opportunities in the next few years."