Swire Group has appointed JB Rae-Smith as CEO of its specialist offshore cargo carrying firm Swire Oilfield Services.
Rae-Smith, who was tipped to succeed Sabrina Chao as chair of the Hong Kong Shipowners Association, succeeds Tor Helgeland who retired last month after 22 years with the company. Having started with Swire in 1985, Rae-Smith was most recently a director of Swire Pacific and executive director of the trading & industrial division. He has also previously served as managing director of OSV specialist Swire Pacific Offshore.
Rae-Smith, who will be based in Aberdeen, commented: “I’m delighted to be joining Swire Oilfield Services, I wish Tor all the best in his retirement and look forward to continuing to build upon the successes that he achieved in his time as CEO.
“With the largest fleet size and global footprint in the market, Swire Oilfield Services plays a critical role in facilitating the safe transportation and storage of equipment and materials offshore from its bases across Europe, Africa, Asia and the Americas.”
Later this year, Rae-Smith will also become chairman of United States Cold Storage.
