APM Terminals Bahrain appoints new CFO

INDUSTRIAL NEWS

APM Terminals Bahrain, the operator of Khalifa Bin Salman Port (KBSP), has appointed Farooq Zuberi as its new chief financial officer (CFO).

An accomplished finance professional, Zuberi in his new role will be part of the company’s strategic leadership team, said a statement from the company.

He will play a pivotal role in aligning the business and financial strategy to ensure value creation for all stakeholders of KBSP.

Zuberi will be responsible for APMT’s accounting and finance, investor relations, legal affairs, procurement, and treasury function, it said.

He will also play a key role in the Public listing of APM Terminals Bahrain in Bahrain Bourse later this year, it added.

Prior to joining APM Terminals Bahrain, Zuberi has worked in senior leadership roles with Global Fortune 500 companies across several industries. He has worked with PwC, Unilever, GSK and Emirates Group in roles covering finance business partnering, project delivery and strategic initiatives.

He is a Chartered Accountant from ICAP as well as Chartered Certified Accountant from ACCA – UK.

Mark Hardiman, chief executive officer and managing director of APM Terminals Bahrain, said: “We’re really pleased to have Zuberi on board, who joins our team at this exciting time of transition as we prepare for our IPO this year.”

“With his exemplary track record and expertise in Finance Business partnering, we look forward to his value-added contribution to our strong, established team and achieving our business goals of expanding the logistics solutions we offer to our clients. We wish him immense success in his new role,” he added.

Zuberi said: “I am delighted to take on the new role at APM Terminals Bahrain, a world-class organisation which has contributed significantly towards Bahrain’s economic development through its effective operations of KBSP.”

“As we move forward towards achieving further growth and taking the company public, our focus will be to maximise value creation for our customers, shareholders and other stakeholders,” he added. – TradeArabia News Service

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