New MD announced for APMT Pipavav

New MD announced for APMT Pipavav

APM Terminals (APMT) has announced that Girish Aggarwal will become Managing Director for Gujarat Pipavav Port Ltd. (APMT Pipavav) effective 1 January 2023.

Aggarwal will assume the position following three years as Chief Operating Officer of Gateway Terminals India Pvt. Ltd. (APMT Mumbai).

Incumbent MD Jakob Friis Sorensen will relocate to Jakarta and start a new role as Senior Advisor – Growth Initiatives, Indonesia, also effective 1 January.

Sunay Mukerjee will take over the role previously held by Girish Aggarwal and become the new COO in Mumbai.

“Girish Aggarwal has led Gateway Terminals India Pvt. Ltd as COO since 2019, initiating GTI’s major berth and infrastructure improvement works,” said Jonathan R. Goldner, MD, Asia and Middle East at APMT.

“He and his team have consistently delivered to our customers and spearheaded one the most successful implementation of LEAN methodology among our terminals.”

READ: APMT Pipavav carries out seven ship movements in five hours

Girish Aggarwal joined A.P. Moller – Maersk in 2013 where, prior to leading GTI, he was the CFO for Maersk’s Global Shared Centres.

Before joining Maersk, he worked with Genpact, Ariba and Hindustan Unilever.

“I would like to thank Jakob for leading Pipavav since January 2019.  During his tenure, Jakob and the team heroically rebuilt the port from the devastating typhoon Tauktae, while in the middle of severe COVID-19 challenges,” added Goldner.

“Jakob also developed and advanced GPPL’s long-term strategy, including signing a Memorandum of Understanding for a concession extension, and creating a new port master plan containing a wide range of new business lines.”

READ: Maersk opens new warehousing in India

Taking over from Girish Aggarwal in Mumbai as COO is Sunay Mukerjee, currently the COO in APMT’s Suez Canal Container Terminal, Egypt.

He joined Maersk over 19 years ago and has had leadership experience across Europe, India, Middle East, and Africa. 

His roles have spanned Strategy and Transformation, Sales, Business development, Procurement and General Management.

In May, APMT Pipavav reported financial results for the last quarter and full year of 2021 – posting a full year-on-year net profit loss of 11 per cent.

Net profit for 2021 plunged to INR 1.9 billion ($24.4 million) compared to INR 2.1 billion ($27 million) in 2020.

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