Dorothea Ioannou is set to take up the helm at the managers of the American P&I Club as Joe Hughes stands down.
Hughes will stand down as CEO of the Shipowners Claims Bureau (SBI), managers of American Club on 1 August, after 27 years in the post.
Ioannou, currently Deputy Chief Operating Officer of SCB will take over as CEO from Hughes.
Hughes said: “The last 27 years have been the most consequential of my professional life. The outlook of the American Club was, by common consent, not entirely promising in 1995, but it has enjoyed extraordinary growth and development since then. My colleagues and I take pride in the collective efforts which, over the years, have brought us to where we are today – marine insurers commanding universal respect within the industry.”
At the same time as Hughes stands down as CEO, Vince Solarino will step down as Chief Operating Officer of SCB, and with Dan Tadros, presently Chief Legal and Compliance Officer of SCB, taking over the role of COO.
Arpad Kadi will continue to discharge his duties as Chief Financial Officer and Tom Hamilton will continue in his role as Chief Underwriting Officer.
Hughes added, “I have every confidence that Dorothea, as the first female CEO of a Group club management company, and Dan, together with Arpad and Tom, with the support of everyone in our service teams across the world, will take the Club and EOM (Eagle Ocean Marine) to yet greater success over the years ahead.”
Source: Seatrade Maritime News