FREIGHT insurer TT Club has appointed NSW Ports chief executive officer Marika Calfas to the board.
Ms Calfas is one of four board appointments the insurer announced on Monday this week.
“It’s a privilege to be appointed to the board of a company that performs such an important role for the international logistics and transport industry through its insurance functions,” Ms Calfas told DCN.
“I look forward to contributing to the board, together with existing board colleagues who each have extensive experience in the sector across a wide range of regions and operations.”
TT Club has also elected a new chair of the board. Morten Engelstoft is to take over as chairman of Through Transport Mutual Insurance Association and TT Club Mutual Insurance Limited on the retirement of the current incumbent Ulrich Kranich.
Mr Engelstoft previously spent thirty-six years in various positions and across three regions within Maersk. He retired in June 2023 from the position of CEO of APM Terminals.
TT Club said Mr Engelstoft has depth of knowledge and experience in operations that are at the core of TT Club’s membership base.
“TT Club remains the foremost specialist insurance provider to the majority of container shipping lines, a substantial number of terminal operators and a wide range of logistics and transport operators,” Mr Engelstoft said.
“I look forward to leading the boards and helping to guide the club on its continuing path of providing essential cover and valuable loss prevention advice to a dynamic and vital global transport community.”
TT Club CEO Charles Fenton thanked outgoing chair Mr Kranich for his leadership over the past 16 years.
“Ulrich has been a much valued guiding hand in a period that has seen significant change in our industry,” Mr Fenton said.
“His insight and wise advice has been fundamental to TT’s continued success in this period.”
Mr Kranich said it had been an honour to lead the organisation.
“In Morten the club has a fantastic person to take the club forward to continue to support members,” he said.
And Ulrike Baum of Röhlig Logistics who has been on the board since 2016 has stepped down as director. TT Club also thanked her for her service, which included time on board committees.
Other new board appointments are John Chambers, currently specialist director – insurance who also serves on the TTI board, and Miguel d’Orey of Orey Shipping in Lisbon who has been appointed to the TTI board.