The 'ZIM Ningbo'. Photo courtesy of ZIM Integrated Shipping Services
ZIM Integrated Shipping Services Ltd has announced the appointment of Xavier Destriau, ex-CMA CGM Vice President and Head of Group Financing, as the company’s new CFO.
Destriau (pictured below) has worked at CMA CGM for 10 years, and served as VP and Head of Group Financing from 2014 to 2016.
In this role, he focused on managing the consolidated group debt and developed a diversified financing strategy.
After CMA CGM, Destriau spent two years as Strategic Advisor and Interim CFO of LTF Partners — an advisory firm with special expertise in emerging and frontier markets.
Destriau will take over from acting CFO Yohai Benita, who has now completed his position at ZIM.
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ZIM’s CEO, Eli Glickman, commented: “I would like to take this opportunity to express my deep appreciation to Yohai Benita.
“Through recent challenging business periods, Yohai contributed to the Company's stability and played a crucial role in the financial restructuring.
“I would like to thank Yohai for his dedication over the years and wish him good luck in his future endeavours.
“I welcome Xavier to ZIM and wish him success in this challenging position”.
ZIM is the largest cargo shipping company in Israel and, handling 386,896 TEU annually, is one of the top-20 global carriers — ranking at 11th worldwide.