Nicolas Sartini to lead Yilport Holding along with Robert Yuksel Yildirim
Nicolas Sartini reemerged as the co-CEO of a company with close ties to the French liner two months after leaving CMA CGM.
Together with the Turkish group's founder, Robert Yuksel Yildirim, Sartini, whose long career with CMA CGM saw him head up APL as well as the company's terminals division, was appointed to lead Yilport Holding.
After the global financial crisis, it was Yildrim who bailed out CMA CGM, taking a 20% stake in the line for $500m.
Yilport is a rapidly growing port company that currently has 22 terminals in its portfolio and expects to add one or two terminals each year between now and 2025.
Maritime Business World