Directors of the UK P&I Club have spoken – electing fellow board member Nicholas Inglessis to succeed chair Alan Olivier.

Inglessis, who was named as one of the Club’s deputy chairmen in 2012, has been a director at the marine insurer since 2005. His industry experience includes serving as director of Greek ship management company Samos Steamship from 1991. 

“Nicholas is an excellent replacement for Alan as our new chairman, with vast industry experience and an in-depth knowledge of the Club,” commented UK P&I Club chief executive Andrew Taylor. “Alan has navigated the Club through a period of industry-wide turbulence following the global financial crisis.

“Under his leadership, the Club has regained its S&P A rating, increased its capital base, and repaid the hybrid bond. We thank him for his commitment to the Club and wish him well in his future endeavours.”

Olivier, who was at South African company Grindrod for more than three decades, became UK P&I Club chair in 2013.

Meanwhile Inglessis, whose appointment is subject to regulatory approval, will be supported by deputy chairmen Nicholas Schües, Paul Wogan, and Randy Chen.