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ZIM appoints banking veteran as chairman

With Israeli carrier ZIM being rumoured to be exploring an IPO, the world’s eleventh largest liner has sought the services of a local banking veteran as its new chairman.

Yair Seroussi is taking over from Aharon Fogel as chair of the board at ZIM. Seroussi’s background includes stints leading Israel’s largest bank as well as heading Morgan Stanley Israel.

Splash reported in August that three foreign banks had been hired to help with a possible IPO, which will value the Eli Glickman-led company at $750m.

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Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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