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#1- DHL appoints new KSA Road Freight head: DHL Global Forwarding has appointed Cathy Lee (LinkedIn) as the new head of Road Freight Saudi Arabia — a move that aims to bolster the regional logistics capability, according to a statement. Lee will also oversee the company’s China Business Development initiative in the Kingdom, with the new role based in Al Khobar.
Cathy Lee has over eight years of experience in full-mile logistics handling, holding senior leadership roles in KSA, the UAE, and China. Lee previously served as general manager of logistics at Indonesia-based global delivery company J&T Express’s KSA division and also worked as product manager for the company’s UAE-based unit, according to her LinkedIn.
What they said: “Cathy’s cross-market experience and customer-centric approach will support our efforts to deliver even more agile, scalable, and reliable road freight solutions in line with the growing demand,” DHL Global Forwarding KSA CEO Sue Donoghue said.
REMEMBER- DHL Group plans to invest over EUR 500 mn in the Middle East between 2024 and 2030, with a focus on Saudi Arabia and the UAE. The investment spans the company’s four divisions — DHL Express, DHL Global Forwarding, DHL Supply Chain, and DHL eCommerce.
#2- GME names new executives: Middle East-based international commodities exchange Gulf Mercantile Exchange (GME) has appointed James Martin (LinkedIn) as chief growth officer and Kevin O’Reilly (LinkedIn) as head of commodities, as part of wider push to expand its footprint across regional and global markets, according to a press release.
Martin has over 25 years of experience in capital market development spanning the Middle East, Asia, and Europe. He previously served as chief development and investment officer at the Astana International Financial Center as well as general manager for Nasdaq in Europe, the Middle East, and Africa.
Meanwhile, O’Reilly joins GME with two decades of experience in energy, carbon, and commodities trading, having held senior roles at Morgan Stanley and Goldman Sachs. His background includes managing trading desks and structuring complex finance products.
