Portfolio Management Division News

IPIC Takes Over Chairmanship of Gulf Energy Maritime

Abu Dhabi Government-owned investment group, International Petroleum Investment Company’s (IPIC) Khalifa Abdulla Al Romaithi, Head of Portfolio Management Division, has taken over chairmanship of Gulf Energy Maritime PJSC (GEM),  from Saeed Abdulla Khoory, Chief Executive officer of Emirates National Oil Company (ENOC). Al Romaithi assumes GEM's top post in its Board of Directors, which rotates every three years between IPIC and ENOC. Khoory remains a board member of GEM and will at the same time focus on his increasing role at ENOC.

Michel Sirat Appointed CFO of CMA CGM Group

CMA CGM Group has appointed Michel Sirat to the position of Group Chief Financial Officer. With degrees from the Institut d’Etudes Politiques of Paris, the Ecole Centrale of Paris and the Ecole Nationale d’Administration, Sirat began his career at the French Treasury Department, followed by a posting at the International Monetary Fund, in Washington D.C. After eleven years at the French Ministry of Finance, Sirat joined the Suez Group where he became Group Senior Vice President Finance…