The board of directors of Neptune Orient Lines has appointed Nicolas Sartini as chief executive officer and Serge Corbel as chief financial officer.

Sartini succeeds Ng Yat Chung, who has been CEO of the shipping line since 2011 and who will be an executive director on the board.

The board of directors was reconstituted on June 9, 2016, with Rodolphe Saadé taking over from Kwa Chong Seng as chairman.

“I thank Chong Seng for his exceptional dedication and contributions to the NOL Group all these years,” said Saadé. “His stewardship laid the groundwork for APL to compete as a key ocean carrier with access to major trade lanes across the world. APL’s extensive global footprint will be a huge asset to us as we take the business forward as part of the CMA CGM Group. The NOL Group has the keen expertise and solid foundation which we will continue to build on. I would like to take this opportunity to thank Yat Chung who has led and steered APL through the numerous industry cycles. Together with Nicolas and Serge as well as my fellow board members, I look forward to working closely with the management and staff of the NOL Group to lead APL to greater success in the future.”

Kwa will continue to be an independent director on the board.

“I am grateful for the invaluable insights gained from working with my esteemed fellow board members and the management team, and I would like to thank them for meeting the many challenges confronting the industry,” said Kwa. “Moving forward, NOL will benefit greatly from the depth and breadth of Rodolphe’s experience. His leadership will bring fresh perspectives to help navigate our container shipping line, APL, through uncharted waters ahead.”