LONDON (ShareCast) - (Sharecast News) - Global Ports Investments announced the appointment of Vladimir Bychkov as its chief executive officer on Friday, effective from 16 July.
The London-listed firm said Bychkov would succeed Mikhail Loganov, who was stepping down from the role but had apparently stated his commitment to provide ongoing support to the group, and would work with Bychkov as an adviser during a transitional period until 30 September.

It said Bychkov had 20 years of experience in the logistics and transportation industry, starting his career as a freight forwarder.

Between 2004 and 2009, he was the CEO of Delo Group, where Global Ports said he was instrumental to mergers and acquisitions, strategic partnerships and attracted equity finance, while successfully transforming the group into an "efficient transport business" with a core focus on stevedoring and logistics.

In 2010, he attained the position of CEO of Ruscon, which was described as "the key asset" in the transportation and logistics division of Delo Group.

"Vladimir is a highly recognised industry figure with an excellent track record and credibility due to his in depth knowledge of the Russian logistics and transportation industry and we are delighted to have him taking this key position," said Global Ports chairman Morten Engelstoft.

"His sector knowledge will be invaluable in executing on our strategy of expanding container and bulk volumes in our premium terminal network while also maintain our continued focus on deleverage."

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