Board changes at Freightos
15 / 02 / 2024
Image: Shutterstock
Freight booking and payment platform Freightos is strengthening its board with the addition of Carl Vine, co-head of Asia Pacific equity investing at M&G Investments.
William Chin, head of commodities at the Singapore Exchange, has also stepped down from the board of directors.
Vine brings to Freightos’ board experience in investing in growth companies focused on disruptive technologies.
He joined the M&G Equity team in 2019 and has 27 years of investment experience. Before folding it into M&G, Vine co-founded Port Meadow Capital Management, a boutique investment firm, in 2014.
In his earlier career, he held managing directorships at both SAC Capital and UBS in Hong Kong. He began his career with Prudential Portfolio Managers in London in 1997.
Vine currently serves as a board member at Trieye, a fabless semiconductor company, and at NoTraffic, an AI-powered traffic signal platform developer.
He said: “I believe strongly in Freightos’ vision to digitalise the freight industry. They have an innovative platform which has already demonstrated strong network effects and industry traction, aligning perfectly with the future of global trade.
“Further, Freightos’ contribution to decarbonization through better capacity utilization and better carbon footprint visibility is commendable and aligns with a core mission of M&G. M&G is committed to a long-term relationship with the Freightos team and I look forward to contributing my experience to support the company’s journey towards sustainable, capital-efficient growth.”
Zvi Schreiber, chief executive of Freightos, said: “We are grateful for William Chin’s contributions and welcome Carl Vine’s fresh perspectives and insights, which are crucial for our journey to become the leading platform in our industry and to create long-term value for our shareholders.”
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