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|  | | Michel Delville appointed Chief Financial Officer of the CMA CGM Group |
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CMA CGM, a leading worldwide shipping Group, announces the appointment of Michel Delville as Chief Financial Officer. Michel Sirat will continue to support the Group on strategic development missions. Michel Delville was Chief Financial Officer of the Saft Group, the world¡¯s leader in high technology batteries. Prior to this, he was Chief Financial Officer and member of the Executive Committee at Imerys, the world leader in mineral-based specialties for industry, which he joined in 1999. Michel Delville started his career at the Schlumberger group where he held various financial responsibilities in France and abroad for ten years. Michel Delville is a graduate of law with a MBA from the University of Li¨¨ge (Belgium) and a graduate of INSEAD. CMA CGM wishes to thank Michel Sirat for his important contribution to the Group. Michel Sirat played a critical role in reinforcing the financial strength and flexibility of the Group leading major projects such as: CMA CGM¡®s financial reorganization completed in 2013 as BPI France entered into CMA CGM capital, the issue of bonds in 2013 and 2015 as well as the acquisition of NOL, the largest shipping company in Southeast Asia, the latter being a key milestone in the development of the Group as well as its largest acquisition to date.
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