Ex-Pacific Basin man Frank Coles is the new CEO of shipmanager Wallem Group.
He will replace outgoing boss Simon Doughty, who announced his decision to step down earlier this year.
The handover will take place at the end of October.
Coles, a former lawyer, joined Pacific Basin in 1995 as operations director for 50 ships.
By this year he was president of Transas Group after it was acquired by Wartsila.
