Less than two years after he was appointed CEO, V.Group has announced that Ian El-Mokadem is leaving the company.
El-Mokadem was brought in at V.Group in 2017 to replace Clive Richardson, who stepped down after eight years in charge of the company.
Coming in as CEO is former Teekay boss Graham Westgarth.
Westgarth, a former chairman of Intertanko, left Teekay in 2012 and went on to join GasLog as COO in 2013. He left that role in 2017 but remained on the board, and in September 2018 joined V.Group’s board as a non-executive director.
John Pattullo, chairman of V.Group, commented: “I would like to thank Ian for his significant contribution to V.Group. Ian oversaw a substantial investment programme which delivered new state-of-the-art systems in critical areas such as vessel management, as well as the management and mobilisation of seafarers. He has also been instrumental in establishing a group-wide set of values for our colleagues with safety at the core, which leaves a lasting legacy for our organisation.
“Having gone through a period of significant investment, V.Group’s primary focus is now firmly centred on delivering sustained benefits to its customers. We are delighted to welcome a leader with Graham’s unparalleled experience in marine operations.”
During El-Mokadem’s time at the helm of V.Group, the company made several high profile acquisitions including Graig Ship Management, Norddeutsche Reederei H. Schuldt and Global Marine Travel.
