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Hutchison Ports Sweden

Senior CFO to Hutchison Ports Sweden

About Hutchison Ports

Hutchison Ports is a subsidiary of CK Hutchison Holdings headquartered in Hong Kong and listed on the Hong Kong stock exchange. The conglomerate operates several sectors including ports, telecom (3), infrastructure, retail and energy. The group employs over 300 000 people worldwide with a global turnover of approx. 58 bill. USD. The Hutchison Ports network is the world’s leading port network handling around 11% of the global marine cargo trade at approx. 50 port operations throughout Asia, Australasia, Middle East, Africa, Europe and the Americas. Hutchison Ports best-in-class terminal operating practices are shared across the network, including a proprietary Next Generation Terminal Operating System that manages crane and container movements with the utmost speed, accuracy and efficiency.

Recruitment of a CFO to Hutchison Ports Sweden

Hutchison Ports Stockholm is currently managing commercial operation of the container terminal located at Frihamnen in central Stockholm. A new port facility is under construction by Stockholms Hamnar at Norvik, Nynäshamn. The new facility will include a container terminal and roll-on roll-off facilities and will replace the Frihamnen terminal as soon as it is open for trade. Hutchison Ports has a 25-year concession to operate the new container terminal from start of operations in May 2020. To secure the financial management of the new setup, we needed a senior CFO, for which one of the initial key challenges will be to work against tight timelines when it comes to building the finance organisation and to secure a smooth transition. At the same time we needed someone who is able to multi-task and handle everything from Board matters to daily routines, says Lawrence Yam, CEO and Head of Commercial Europe.

What did K2 Search help you with?

K2 Search helped us to recruit our new CFO to build our new finance organization and a new financial structure in connection with ramping up our Swedish operations and moving to new premises in Norvik. They showed good understanding of our needs and showed patience in the search for the gems for us.  They showed that they do not compromise quality to reach a quick result.

Why did you choose K2 Search?

K2 Search was referred to us by our Swedish sister company Tre, who had previously used their services and were satisfied with their delivery.

What was the outcome of the executive search assignment?

We sincerely appreciated the support K2 Search extended to Hutchison Ports Stockholm, which contributed to the successful hiring of our new CFO.  We trust that we hired the right person for the job and strongly believe that people is always a key for success. We look forward to working with K2 Search on future opportunities.

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”We sincerely appreciated the support K2 Search extended to Hutchison Ports Stockholm, which contributed to the successful hiring of our new CFO.  We trust that we hired the right person for the job and strongly believe that people is always a key for success. We look forward to working with K2 Search on future opportunities”.

 

Lawrence Yam, CEO and Head of Commercial Europe

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