LONDON, Oct. 23, 2020 /PRNewswire/ -- The Libra Group
today confirms the promotion of Nicholas
Georgiou to Chief Executive Officer of its Lomar ship owning
and management business. Mr Georgiou, 47, has been the company's
Chief Operating Officer since 2010 and succeeds Achim Boehme, who tragically lost a brave
year-long battle with cancer in July.
George Logothetis, Chairman and
CEO of the Libra Group, says: "This announcement has long been in
our succession planning, with Achim due to have become Chairman of
Lomar. Achim's tragic passing left us with a huge void but also a
tremendous legacy, in which Nicholas has played a pivotal role –
helping to consolidate and lead our business during an incredibly
challenging few years for the shipping industry. He has shown the
determination, strength and leadership qualities necessary to take
our business forward and we celebrate a promotion of Nicholas Georgiou that is richly deserved."
Nicholas Georgiou, who becomes
CEO with immediate effect, says: "For the past decade I had the
great pleasure of working alongside a first class business leader
and am now honoured to follow in Achim's inspiring footsteps.
Together with our CFO, Manos Kouligkas, we have streamlined our
fleet to focus predominantly on container shipping and are
currently seeing a very positive upswing in container charter
markets following many difficult years. With a modern,
eco-efficient fleet of vessels, Lomar is well positioned to benefit
in the decade ahead and together with our talented management team,
we look forward to reinforcing our position as a leading ship
owning and management business."
Nicholas Georgiou began his
career in shipping in 1995 with Golden Union Shipping in
Greece, a specialist in dry bulk
carriers. He gained a breadth of experience in every aspect of ship
ownership and management during his 15 years with the company.
Having initially joined the operations department, he led the
implementation of the International Safety Management (ISM) Code
across the company – driving extensive compliance training among
both land-based and shipboard personnel. Nicholas joined
Golden Union's chartering division
in 2001, where he was engaged in all aspects of chartering
including interaction with the company's legal division regarding
claims handling.
As COO at Lomar for the past decade, he has been responsible for
all of the company's day-to-day commercial, technical and
operational activities. Nicholas is a Fellow of the Institute of
Chartered Shipbrokers and holds an economics-based degree from UCL
in London.
Lomar (www.lomarshipping.com) is a leading ship-owning and
management group with a diversified mixed sector fleet of mainly
container vessels, plus bulk carriers, and chemical and product
tankers. With nearly 45 years of industry expertise as a
leading ship owner and operator, Lomar works globally with
major first class organisations, from charterers to shipping
professionals, regulatory authorities and governments.
Lomar is a subsidiary of the Libra Group, a diverse
international business group that is active in 35 countries across
six continents. It focuses on six business areas: aviation,
energy, hospitality, real estate, shipping and diversified
investments.
Photo:
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