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APL cfo Corbel moving to CEVA Logistics

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Long-time CMA CGM executive Serge Corbel is to become cfo of CEVA Logistics, a company the French container line took a 25% stake in earlier this year.

Serge Corbel, who is currently cfo of APL, will be taking over as cfo of CEVA Logistics on 15 October from Peter Waller who is leaving the company.

Corbel has been with the CMA CGM group since 1991, most recently serving as the cfo of APL following the French group’s acquisition of Singapore’s NOL Group.

“I would like to thank Peter Waller for his commitment and contribution which was very important to create a new chapter for the company. I am pleased to welcome Serge Corbel as our new CFO who has tremendous experience and a great track record in supporting the growth of a company,” said Xavier Urbain, ceo of CEVA Logistics.

In May CMA CGM took a 25% stake in CEVA Logistics expanding its presence In the logistics sector and giving it two seats on the board of the Switzerland-headquartered company.

CMA CGM to take 25% stake in CEVA Logistics