Rickmers Maritime

Cargo Ship
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Mr Bertram R. C. Rickmers

Board1 is the chairman and a non-executive director and was appointed to the Board in February 2007. After completion of schooling, Mr Rickmers spent his "traditional year at sea", after which he commenced studying law at the University of Hamburg and continued with economics at the University of Freiburg. He started his career as a sales manager responsible for the planning of projects at the family-owned Rickmers Shipyard in Bremerhaven. In 1982, Mr Rickmers founded MCC Marine Consulting & Contracting GmbH in Hamburg, which specialises in shipbroking and in 1984, he established Rickmers Reederei in Hamburg, which is today one of the world’s leading container shipping companies. In 2000, Mr Rickmers purchased back Rickmers Linie from Hapag-Lloyd, to which the Rickmers family had sold the majority shareholding in 1974. Mr Rickmers is now the chairman of the board of Rickmers Holding GmbH & Cie. KG (Rickmers Holding) and Pacific Holdings GmbH & Cie. KG (Pacific Holdings), which are the two holding companies comprising the Rickmers Group, and the deputy chairman of the supervisory board of Eurokai KgaA. Mr Rickmers holds a diploma in economics from the University of Freiburg.

Dr Moritz Mittelbach

Board2 is a non-executive director and was appointed a member of the Board in February 2007. Dr Mittelbach joined the Rickmers Group as a director in 2001 and became the chief financial officer in 2005 and a partner in Rickmers Holding and Pacific Holdings as of 2006. Dr Mittelbach was trained in shipping from 1984 to 1986 in Hamburg, after which he obtained a law degree at the University of Munich in 1991 and was admitted to the German Bar thereafter. From 1996 to 1998, he worked for an international ship manager in Hong Kong before he joined a ship financing department in a major German bank in Frankfurt/Main, Germany. Dr Mittelbach’s thesis dealt with marine insurance and was accepted by the University of Hamburg in 1996.

Mrs Lee Suet Fern

Board5 is an independent director and was appointed a member of the Board in February 2007. She is the Senior Director of Stamford Law Corporation. She has had considerable experience advising on mergers and acquisitions, capital markets transactions and corporate restructurings and has been involved in numerous transactions in Singapore and elsewhere. Mrs Lee sits on the respective councils of the Inter-Pacific Bar Association and International Bar Association and on the Advisory Board of the Singapore Management University School of Law. She is a board member of the National Heritage Board and a member of the Board of Trustees of Nanyang Technological University. She also serves on the boards of publicly listed companies in Singapore, Hong Kong and New Zealand. She graduated from Cambridge University in 1980 with a double first in law and is a barrister-at-law at Gray’s Inn, London and an advocate and solicitor of the Supreme Court of Singapore.

Mr Lim How Teck

Board4 is an independent director and was appointed a member of the Board in February 2007. Prior to joining Neptune Orient Lines (NOL) in June 1979, he worked at Coopers & Lybrand (now part of PricewaterhouseCoopers LLP) and Plessey Singapore, a multi-national trading and manufacturing company. Mr Lim is a shipping veteran with more than 20 years’ experience in the industry. While at NOL, Mr Lim held various positions including group deputy chief executive officer, group chief operating officer and group chief financial officer before retiring in June 2005. Mr Lim is currently the deputy chairman and director of Tuas Power Ltd, chairman and director of Redwood International (Pte) Ltd and chairman and director of Certis CISCO Security Pte. Ltd. He is also a director on the board of several publicly listed companies, including IFS Capital Limited, Lasseters International Holdings Limited, ARA Asset Management Limited, Eng Kong Holdings Limited and Gold Prime Holdings Ltd. Mr Lim holds a Bachelor of Accountancy Degree from the then University of Singapore and is a Fellow of the Chartered Institute of Management Accountants of UK, a Fellow of the Certified Public Accountants of Australia, a Fellow of the Institute of Certified Public Accountants of Singapore, a Fellow of the Singapore Institute of Directors and an Associate of the Institute of Business Administration of Australia. Mr Lim graduated from the Harvard Graduate School of Business Corporate Financial Management Course and Advanced Management Programme in 1983 and 1989, respectively. Mr Lim was awarded The Public Service Medal, Pingkat Bakti Masyarakat (PBM) National Day Award in 1999.

Mr Nels R. Friets

Board3 Mr Nels R. Friets is an Independent Director and was appointed to the Board in May 2009. Mr Friets has 25 years of experience in equity markets, equity research and consulting with global companies, having worked for Citigroup, CLSA, SRI International and Strategic Planning Associates. Prior to retiring in 2008, Mr Friets was a Managing Director and Head of Equities (ASEAN) of Citigroup Global Markets where he was responsible for all cash, derivatives, equity capital markets and prime brokerage activities in ASEAN. He is currently acting as a Strategic Advisor for Chi-X, Europe’s largest alternative stock exchange, in Singapore. Mr Friets is also the Chairman of the SGX-ST Advisory Committee, the SGX-ST, CDP and Catalist Disciplinary Committees, and a member of the STI/FTSE ST Advisory Committee. His consulting experience spanned 11 years across multiple geographies and industries. He graduated cum laude from Yale University with a Bachelor of Science in Applied Mathematics. He has lived and worked in Singapore since 1986 and has been a permanent resident since 1989.

Mr Raymundo A. Yu Jr.

Board6 Mr Raymundo A. Yu Jr., is an Independent Director and was appointed to the Board in May 2009. Mr Yu spent 27 years in wealth management, global markets and investment banking with Merrill Lynch International where he held the position of Chairman of the Merrill Lynch Group, Asia Pacific from 2000 to 2008. During his tenure at Merrill Lynch, Mr Yu built and managed significant financial services franchises across broad geographical regions. Mr Yu was dubbed the "Star of Asia" by Business Week Magazine in July 2005, and at the time of his retirement in 2008, he was the only Asian to be a Chairman in a US investment bank in Asia Pacific. He is a member of the Board of Fellows of the Thunderbird School of Global Management in Arizona, USA, and is active in various charity organisations in the Philippines and Singapore. Mr Yu holds a Bachelor of Science degree in Business Administration from Ateneo de Davao University in the Philippines and a Masters in Business Administration in International Management from Thunderbird School of Global Management.