As we continue with the evolution of DP World and pursue our vision to lead the future of world trade, I wanted to update you on a few adjustments we have made to our structure to support the expansion of our business.
Project Future is delivering a major programme of change as we explore new horizons in associated sectors. We have made great strides in identifying and adapting what we do to prepare for a new world of opportunity that the global supply chain offers.
In any organisational change process, especially one of this scale, adjustments need to be made as we digest the detail and implications of our future direction.
So as we move through the process, adapting and perfecting the detail, we have decided to make the following structural realignments:
The two divisions of Industrial Parks & Economic Zones and Logistics Services will now merge into one vertical renamed Parks, Logistics & Economic Zones. The synergies between these two divisions convinced us to put them under one roof so they can grow together and complement the services we offer our stakeholders. Parks, Logistics & Economic Zones will be headed by COO Chuck Heath with Logistics Services COO Rene Wernli reporting to him.
We have decided there is no need for a separate Trade Solutions division given its purpose to develop new technologies and smart solutions, part of our pursuit of innovation. The very idea of trade solutions – especially smart trade solutions – is integral to everything we strive to offer our customers and runs naturally across our business.
Meanwhile, P&O Maritime will become part of a newly created Maritime Services Division reporting to me, with Rado Antolovic becoming COO Maritime Services in addition to his role as MD & CEO of P&O Maritime. This new division will offer a range of maritime support services including ownership and management of specialist vessels, offshore renewables, river barging, chartering, port services and world class logistics solutions.
Dubai Trade, headed by Mahmood Al Bastaki, will now report into the enhanced UAE Region under SVP & MD Mohammed Al Muallem. The UAE Region also contains Economic Zones World (Jafza, National Industries Park and DAZ) and World Security.
Zodiac, our in-house Terminal Operating System team, will become part of the remit of our SVP IT, Chin Seng Teo.
The above changes are effective immediately.
Colleagues, these are exciting times for our company. We hope you share our enthusiasm for the strategic plans underway which will help drive DP World to even greater success in the future.
Sultan Ahmed Bin Sulayem
Group Chairman and CEO
Jafza 17, 6th Floor
Jebel Ali Free Zone
P.O Box 17000, Dubai, UAE
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