Tuesday, August 12, 2008

NOL Group Appoints New President of APL Unit

NOL has appointed Mr Eng Aik Meng as President of its APL container shipping unit. Eng will rejoin the company, having previously served with NOL in a variety of roles from 1993 to 2007.

Eng is currently Deputy Chief Executive Officer of Singapore-headquartered diversified shipping and industrial supply chain company IMC Corp Group. Concurrently, he is also Managing Director of its Aurora Tankers business.

Mr Eng was Senior Vice President of APL's Intra-Asia business from 2002 to 2007. During this period APL grew its position in the Intra-Asia trades substantially, doubling revenues and establishing a leading market position in the sector.

In earlier roles, Eng headed NOL’s Strategic Planning group and held various positions in corporate finance. He has been involved in merger and acquisition activities, organizational restructuring and business development projects in both NOL and IMC. Eng played an important role in the integration of NOL and APL following the 1997 merger of the two companies.

In heading up the APL business, he will succeed Mr Ron Widdows, who was appointed NOL Group President and CEO on 7 July, 2008. Widdows said: "Aik Meng has a deep knowledge of APL’s business and its customers. We have worked together closely over many years and I am confident Aik Meng will provide strong leadership for APL and bring valuable skills to NOL's senior management team."

Eng holds an MBA from Harvard University, USA and a Bachelor of Accountancy (Honors) degree from the Nanyang Technological University, Singapore.

Logistics Asia - Industry News, 12/8/2008