Gulftainer appoints Farid Belbouab as Group CEO

Gulftainer, the UAE-headquartered global port and logistics solutions provider, has announced the appointment of Mr Farid Belbouab as Group Chief Executive Officer, effective June 1, 2025. Farid is a seasoned supply chain and logistics leader with over 20 years of international experience. He joins Gulftainer from Meratus Group, one of Southeast Asia’s leading maritime and logistics companies, where he served as CEO. Prior to that, he held senior leadership roles at CMA CGM, driving business growth across Africa and Asia. In his new role, Farid will focus on advancing Gulftainer’s transformation agenda by leveraging innovation and technology to enhance operational efficiency and customer experience. He will work closely with the Board, partners and clients to expand the company’s global footprint and solidify its position as a forward-thinking, customer-centric logistics provider. Farid succeeds Mr Peter Richards, who steps down as Group CEO after an exceptional 38-year tenure, including nearly 20 years at the helm. Peter joined Gulftainer in 1987 and has been instrumental in guiding the company’s evolution from a local UAE terminal operator to an internationally recognised name in port and logistics services. While retiring from day-to-day management, Peter will continue to support Gulftainer in an advisory capacity and as a member of the Executive Board, said a release. Source : Our Correspondent

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