Aqaba Container Terminal appoints new CEO

Press release
Published October 6th, 2013 - 08:07 GMT

Jeppe Jensen, new CEO
Jeppe Jensen, new CEO

Aqaba Container Terminal, the World’s gateway to Jordan and beyond, recently named Jeppe Jensen as its new CEO.

Commenting on the new appointment, Chief Commissioner of Aqaba Special Economic Zone and ACT Chairman of the Board of Directors, H.E. Dr. Kamel Mahadin, said that the company is excited about having Mr. Jensen on board, while further affirming that he will be a valuable addition to the team.

Mr.Jensenbrings to ACT over 20 years of shipping, logistics, and distribution industry experience to the field. Prior to joining the team he held the post of CFO and Statutory Director of the Brasil Terminal Portuario SA Project in Santos Brazil. Within this position he was responsible for the management of the single largest port investment in the global APM Terminal portfolio.

Between the years of 2006 and 2010, Jeppe was the Regional CFO for APM Terminals for the Greater Europe and North Africa region, and he also served for a period of one year (2005 to 2006) as the Line Finance Manager for the Safmarine Container Lines worldwide. Prior to that point, he was the Safmarine Container Lines and Maersk Line Agency Finance Manager where he was based in Cape Town South Africa for 3 years, and in his earlier career, he also took on several posts within the A.P. Moller Maersk Group/ Maersk line where he was the Finance Manager in Romania Bucharest, Manager in Denmark Copenhagen, and the Area Financial Controller for Europe.

“Through his past posts, Mr. Jensen accumulated a world of experiences. His skills are sure to bring a fresh visionary approach to the company’s leadership strategy, thus echoing its commitment to moving forward and further transforming the Aqaba Container Terminal and the city of Aqaba into the transit hub for the region at large. Having Jeppe on the ACT team serves to reflect the true partnership we have with A.P. Moller, and we are confident that his knowledge will only serve to add incite and advancement to our operations” added Dr. Mahadin.

From his end, Mr. Jensen stated that he was looking forward to working with the ACT team. On this occasion he said: “I am honored to take on the challenges that come within this new position, as I am pleased to be working with a market leader in the logistics and transportation field. ACT is a pivotal contributor to the national economy, and it is a source of pride for me to work within its progressive environment towards enhancing its position as the gateway to Jordan and beyond. I also look forward to working with my fellow team members at the company, as I am confident that together, we will continue to celebrate milestones for ACT and its stakeholders."

Mr. Jensen is the holder of an MBA from the New York Institute of Technology in Old-Westbury, and a Bachelors of Business Administration with a specialization in Finance from the Copenhagen Business School. He is also a certified Green Belt, certified Six Sigma, a certified Predictive Index Analyst, and a FALCK Safety Diploma holder. 

With such a diversified career history, Jensen demonstrates optimal proficiency in people and performance management, portfolio management, asset management, alongside exceptional problem solving capacities. As CEO of ACT, he will be using his market knowledge to bring new managerial incite to the company. 

Background Information

Aqaba Container Terminal

In 2003, the Aqaba Development Corporation (ADC), on behalf of the Aqaba Special Economic Zone Authority, was on a mission to acquire a strategic partnership to improve the efficiency, capacity and the operational performance of the container terminal in Aqaba. After signing a Terminal Management Contract with ADC in 2004, APM Terminals (part of the global A.P. Møller–Maersk Group), took over the management and operation of the terminal.

A 25-year Joint Development Agreement (JDA) was signed between ADC and the Aqaba Container Terminal (ACT) in 2006. Under the contract, APM Terminals Jordan operates, manages and markets ACT in addition to executing the Master Plan, which anticipates achieving a drastic increase of throughput capacity through a combination of physical and operational improvements.

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