Global Ports Investments appoints new CEO

Global Ports Investments has appointed Mikhail Loganov as Chief Executive Officer. Mikhail, who has been the Chief Financial Officer of Global Ports since October 2013, replaces Vladislav Baumgertner who has accepted a role outside the port industry and is stepping down.

In addition to his role as CFO, Mikhail has served as a member of the Board of Directors since December 2008 and was on the Audit and Risk Committee from 2008 to 2013. He has worked chiefly in the transportation and logistics industries in Russia and has extensive experience in business administration and corporate finance.

Vice-Chairman of Global Ports, Nikita Mishin said: “Global Ports is fortunate to have a real depth of experience within the group and is delighted to appoint Mikhail to the role of CEO. His detailed knowledge of Global Ports after almost a decade with the Company will ensure the business focus remains on delivering a high-quality service to customers while maintaining an efficient business model and creating value for our shareholders.

“On behalf of the Board, we understand the reasons for Vladislav’s resignation and wish him well in his future endeavours in business.”

For more information visit www.globalports.com

26th March 2017