Aramex appoints CFO

Dubai-based transport and logistics company, Aramex, has welcomed a new Chief Financial Officer (CFO) to its team.

Nicolas Sibuet has accepted the role and brings more than 26 years of experience across shipping, oil & gas and aviation.

Most recently, he served as CFO and Acting Senior Vice President for Strategy, Marketing and Communications at Abu Dhabi Airports.

Sibuet also has extensive experience as an expert advisor to Boston Consulting Group where he worked on transforming and restructuring companies.

Additionally, he was the Vice President for Marketing and Business Development at Weatherford, where he participated in the restructuring and disbursement of Weatherford drilling contracting arm, WDI. Prior to that, he held multiple roles in the oil & gas and shipping industries, delivering successful funding requirements to support business growth as well as leading and structuring finance departments.

“I am pleased to welcome Nicolas as Aramex’s CFO,” said Aramex CEO, Othman Aljeda.

“He is a seasoned executive with a proven track record of leading companies towards transformational growth and has deep knowledge in various industry trends.

“His extensive experience will play a key role in the execution of our strategic priorities and will enable us to further optimise our recently redesigned operating model, as we seek to grow our global market share. The management team and I are looking forward to working closely with Nicolas to enable the company achieve sustainable growth for our key stakeholder groups.”

Sibuet holds a Master’s Degree in Economics and Accounting from the University of Western Brittany in France and a Postgraduate Degree in Finance from the Strasbourg University in France.

In other news, a new partnership between Aramex and International Humanitarian City (IHC) is expected to enhance efficiencies in delivering global humanitarian aid.