Asian Terminals, Inc. announced that at the regular meeting held on February 22, 2018, the Board of Directors, constituting a quorum, elected: Mr. Andrew R. Hoad, as director effective February 22, 2018 replacing Mr. Kwok Leung Law. The Board also elected Mr. Hoad as Chairman of the Board and as Chairman of Executive, Nomination and Compensation Committees, effective April 1, 2018, replacing Mr. Rashed Ali Hassan Abdulla. Mr. Hoad is the Executive Vice President of ATI since 2012. He will continue to hold office until March 17, 2018. Mr. Hoad has held various positions with the P & O Group, CSX World Terminals and DP World, since 1988. He became the General Manager for DPWorld Sales Asia based in Hong Kong from 2004 to 2005. Thereafter, he was assigned to Dubai and the Far East as Commercial Director for Asia and Indian Subcontinent from 2005 to 2008. Mr. Ahmad Yousef Ahmad Alhassan Al Simreen, as director, effective April 1, 2018 replacing Mr. Rashed Ali Hassan Abdulla. Mr. Alhassan will also replace Mr. Kwok Leung Law as member of the Executive, Nomination, Audit, Compensation and Corporate Governance Committees, effective April 1, 2018.
Mr. Alhassan, a national of the UAE, is the current Head of Finance at DPWorld Asia Pacific, Hong Kong. He has extensive experience in financial planning, treasury, project finance, corporate transformation and strategy covering various sectors such as real estate, banking, logistics and healthcare. Mr. Alhassan was the former Chief Financial Officer of Dubai Healthcare City from 2016 to 2017, Deputy Finance Director of DPWorld London Gateway from 2013 to 2016 and Assistant Group Treasurer of DPWorld Dubai from 2010 to 2013.
Asian Terminals, Inc. is a Philippines-based company that provides general services with respect to the operation and management of port terminals. The Company operates and manages the South Harbor Port of Manila and the Port of Batangas in Batangas City. The container terminal division handles stevedoring, arrastre, warehousing, storage, cranage, container freight station and other port-related services for international cargoes. Its inland clearance depot and empty container depot (Laguna) is a customs bonded facility that provides storage, trucking, just-in-time delivery, brokerage and maintenance and repair services for its clients. The Company, through its subsidiary, ATI Batangas, Inc., is the sole cargo handling contractor operating at the Port of Batangas. It operates and manages the Batangas Supply Base within the Port of Batangas under a contract with Shell Philippines Exploration B.V. The Company is developing a barge terminal in Tanza, Cavite, to cater to PEZA cargoes.
ASIAN TERMINALS, INC. 