We are a nimble and dynamic organisation with quick decision making at all levels
Directors

Our Board comprises nine Directors whose complementary expertise and shared commitment to responsible investment and management practices is harnessed in the best interests of our diverse shareholders and other stakeholders.

(Click on the names to see Biography)

Executive Directors
David M. Turnbull

David M. Turnbull
Chairman
Mr. Turnbull joined the Pacific Basin Board as an INED in 2006 and was appointed Chairman and an Executive Director in 2008. He previously spent 30 years with the Swire Group where he held various senior management positions. He was chairman of Swire's Hong Kong-listed companies Swire Pacific, Cathay Pacific Airways and Hong Kong Aircraft Engineering Company.

 

 
Education & qualifications:

Cambridge University: Master of Arts honours degree in Economics

Terms of office:

Appointed INED in May 2006
Appointed Chairman in January 2008 and Executive Director in July 2008
Current term expires in May 2017 or at the 2017 AGM

External appointments:

Non-executive director of London-listed Green Dragon Gas and London AIM-listed Greka Drilling Limited
INED of Hong Kong-listed The Wharf (Holdings) Limited

Committee membership:

Executive Committee

Responsibilities:

Mr. Turnbull, in conjunction with the Board, is responsible for: overseeing the executive team and discussing daily affairs of the company with the CEO. He has in the past provided continuity of management during unexpected absences, hence safeguarding long term management leadership. He is responsible for reviewing proposed plans for the company prior to presentation to the Board. His review takes into account long term goals and fleet growth combined with more immediate matters related to debt levels, cash flow, cash balances, risk assessment, other required capital expenditure and shareholder requirements.

Chief Executive Officer
Mats H. Berglund

Mats H. Berglund
Chief Executive Officer
Mr. Berglund joined Pacific Basin as Chief Executive Officer in 2012. He previously served with Swedish family-owned conglomerate Stena from 1986 to 2005, occupying managerial and leadership positions in various Stena group shipping businesses in Sweden and the US including group controller of Stena Line, vice president and chief financial officer of both Concordia Maritime and StenTex (a Stena-Texaco joint venture), president of StenTex, and vice president and president of Stena Rederi AB (Stena's parent company for all shipping activities). From 2005 to 2011, he was senior vice president and head of Crude Transportation for New York-listed Overseas Shipholding Group. Between March 2011 and May 2012, he served as chief financial officer and chief operating officer at Chemoil Energy, a Singapore-listed global trader of marine fuel products.

Education & qualifications:

Gothenburg University Business School: a “Civilekonom” degree (equivalent to MBA in Business and Finance)
Advanced Management Program at Harvard Business School in 2000

Terms of office:

Appointed Executive Director in June 2012
Current term expires at the 2018 AGM

External appointments:

None

Committee membership:

Chairman of Executive Committee

Responsibilities:

Mr. Berglund, in conjunction with the Board, is responsible for: the day to day management and execution of the Group's core activities and strategic initiatives; formulating and proposing group strategy and policy to the Board; and ensuring that appropriate information is provided regularly so that Board members can actively contribute to the Group's development.

Chief Financial Officer
 T. Broomhead

Andrew T. Broomhead
Chief Financial Officer
Mr. Broomhead joined Pacific Basin in 2003 as the Group's Chief Financial Officer and Company Secretary. He was appointed as an Executive Director in September 2010 responsible for Group finance and accounting, investor relations, corporate governance and compliance. He stepped down from Company Secretary in 2012 and will step down as CFO and Executive Director by 31 December 2017. Mr. Broomhead has previously worked with Deloitte, Haskins & Sells, Samuel Montagu, International Finance Corporation, Bakrie Investindo and Sanwa International Finance. He has been based in the UK, USA, Singapore, Indonesia and Hong Kong, and has worked in Asia for over 23 years.
 

 

Education & qualifications:

Cambridge University: Master of Arts degree in Natural Sciences
Fellow of both the Hong Kong Institute of Certified Public Accountants and the Institute of Chartered Accountants in England and Wales
Breakthrough Programme for Senior Executives at IMD Business School

Terms of office:

Appointed Executive Director in September 2010
Will step down by 31 December 2017

External appointments:

Non-executive director of The Standard Club Ltd
Non-executive director of The Standard Club Asia Ltd

Committee membership:

Executive Committee

Responsibilities:

Mr. Broomhead is responsible for finance and accounting, investor relations, risk management, corporate governance, and information technology.

Independent Non-executive Directors
Patrick B. Paul

Patrick B. Paul
Independent Non-executive Director
Mr. Paul served with PricewaterhouseCoopers for 33 years, during which time he held a number of senior management positions in Hong Kong, including chairman and senior partner of the firm for seven years.

 

 

 

Education & qualifications:

Oxford University: Master of Arts degree
Fellow of the Institute of Chartered Accountants in England and Wales
 

Terms of office:

Appointed INED in March 2004
Current term expires at the 2018 AGM

External appointments:

INED of Johnson Electric Holdings
INED of The Hongkong and Shanghai Hotels

Committee membership:

Chairman of Audit Committee
Member of Remuneration and Nomination Committees

Responsibilities:

Mr. Paul reviews the Group's overall accounting and financial reporting matters.

Robert C. Nicholson

Robert C. Nicholson
Independent Non-executive Director
Mr. Nicholson was a senior partner of Reed Smith Richards Butler where he established the corporate and commercial department. He then served as a senior advisor to the board of directors of PCCW Limited. He joined First Pacific Company Limited's board in June 2003 and was appointed as an executive director in November 2003.

 

 

Education & qualifications:

University of Kent
Qualified as a solicitor in England and Wales and in Hong Kong

Terms of office:

Appointed INED in March 2004
Current term expires at the 2019 AGM

External appointments:

Executive director of Hong Kong-listed First Pacific and held directorships in its subsidiaries, associates, or affiliates including Metro Pacific Investments Corporation, Philex Mining Corporation, and PXP Energy Corporation (all Philippines-listed)

Commissioner of Indonesia-listed PT Indofood Sukses Makmur Tbk

Committee membership:

Chairman of Remuneration and Nomination Committees
Member of Audit Committee

Responsibilities:

Mr. Nicholson provides expertise on the Group's legal and listed company issues.

Alasdair G. Morrison

Alasdair G. Morrison
Independent Non-executive Director
Mr. Morrison served with the Jardine Matheson Group for 28 years holding various senior positions including that of group managing director. He then moved to Morgan Stanley where he was a managing director and then chairman of Morgan Stanley Dean Witter Asia, and chairman and chief executive officer of Morgan Stanley Asia.  He spent five years as Senior advisor to Citigroup Asia Pacific until January 2015.

 

 

Education & qualifications:

Cambridge University: Master of Arts degree
Program for Management Development at Harvard Business School

Terms of office:

Appointed INED in January 2008
Current term expires at the 2018 AGM

External appointments:

INED of Hong Kong-listed MTR Corporation
Senior advisor of Bain Capital Asia

Committee membership:

Audit, Remuneration and Nomination Committees

Responsibilities:

Mr. Morrison contributes his Asia-region commercial experience in assessing the commercial benefits of the Group's development and strategic plans.

Daniel R. Bradshaw

Daniel R. Bradshaw
Independent Non-executive Director
Mr. Bradshaw has served for 38 years with Johnson, Stokes and Master (now Mayer Brown JSM) as a solicitor, partner, head of the firm's shipping practice and now as a senior consultant. He was vice chairman of the Hong Kong Shipowners Association, a member of the Hong Kong Port and Maritime Board and the Hong Kong Maritime Industry Council.

 

 

Education & qualifications:

Victoria University of Wellington (New Zealand): Bachelor of Laws and a Master of Laws
Admitted as a solicitor in England and Hong Kong

Terms of office:

Appointed Non-executive Director and Deputy Chairman in April 2006
Stood down as Deputy Chairman in January 2008 and was re-designated as INED in September 2010
Current term expires at the 2019 AGM

External appointments:

Non-executive director of Euronav (listed on Euronext in Brussels and NYSE)
INED of Hong Kong-listed IRC and NYSE-listed Gaslog Partners LP
Director of Kadoorie Farm and Botanic Garden Corporation, and WWF Hong Kong 

Committee membership:

Audit, Remuneration and Nomination Committees

Responsibilities:

Mr. Bradshaw is an experienced international shipping lawyer, who provides the Group with expertise on ship ownership structures, commercial operation and tax.

 
Irene W. Basili

Irene Waage Basili
Independent Non-executive Director
Mrs. Basili has held various managerial positions in the shipping industry. From 1999 to 2007 she held positions in Wallenius Wilhelmsen Logistics, first as a manager of contracting and strategy and later as commercial director. From 2007 to 2011, Mrs. Basili served as Vice President, Marine Business Unit of Petroleum Geo Services with responsibility for fleet and marine strategy following its acquisition of Arrow Seismic ASA where she was chief executive officer. She also served as a director of Odfjell SE from 2008 to 2014 and chief executive officer of GC Rieber Shipping from March 2011 to 1 April 2017 when she was appointed chief executive officer of Shearwater Geoservices (a marine geophysical company 50% owned by GC Rieber Shipping) where she served as acting CEO since October 2016. 

 

 

Education & qualifications:

School of Management of Boston University: Bachelor of Business Administration degree

Terms of office:

Appointed INED on 1 May 2014
Current term expires at the 2018 AGM

External appointments:

Chief executive officer of GC Rieber Shipping (listed on the Oslo Stock Exchange)
Director of Kongsberg Gruppen ASA  (listed on the Oslo Stock Exchange)
Director of Wilh. Wilhelmsen Holdings ASA (listed on the Oslo Stock Exchange)
Acting CEO of Sherwater Geoservices (a marine geophysical company 50% owned by GC Rieber Shipping) since 13 October 2016 until a permanent CEO is in place

Committee membership:

Audit, Remuneration and Nomination Committees

Responsibilities:

Mrs. Basili contributes her extensive commercial, strategic and operational experience in the dry bulk and other shipping sectors that will benefit the Group’s business and development.

Irene W. Basili

Stanley Hutter Ryan
Independent Non-executive Director
Mr. Ryan served with Cargill,Inc.for 25 years in executive and general managementroles worldwide including as general manager of
Cargill’s oilseed operations, and Venezuela and Brazil refined oils businesses.He was president of Cargill’s North American dressings,sauces and oils business, and managing director of Cargill’s refined oils business in Europe and food ingredients business in Australasia. He was a global co-leader of Cargill’s agricultural supply chain businesses and member of its global corporate center. Mr. Ryan served as an independent director at Eagle Bulk Shipping Inc. from October 2014 to June 2016 and as Eagle Bulk’s interim chief executive officer from March to September 2015.

Education & qualifications:

University of Notre Dame: Bachelor’s degree in Economics and Computer Applications
University of Chicago: MBA & Master of Arts degree in International Relations

Terms of office:

Appointed INED on 5 July 2016
Current term expires in July 2019, subject to re-election at the 2017 AGM

External appointments:

Chief executive officer and president of Seattle-based Darigold, Inc.

Committee membership:

Audit, Remuneration and Nomination Committees

Responsibilities:

Mr. Ryan contributes extensive commercial, strategic and operational experience in the commodities business that will benefit the Group’s business and development.

 

Our Audit, Remuneration and Nomination Committees comprise all of our Independent Non-executive Directors.