Annual Report and Accounts 2013

Board of Directors

SULTAN AHMED BIN SULAYEM Chairman
APPOINTMENT

Sultan Ahmed Bin Sulayem has served as Chairman of the Board of the Company since 30 May 2007.

Experience

He was previously Chairman of Dubai World and in this role oversaw businesses in industries as diverse as real estate development, hospitality, retail, e-commerce and various commodities exchanges, as well as businesses associated with transportation and logistics. He previously served as Chairman of Port & Free Zone World FZE and he remains one of the two representatives of Port & Free Zone World FZE on the Board. He is a leading Dubai and international businessman, with more than 30 years’ experience in the marine terminal industry. A citizen of the UAE, he is 58 years old.

SIR JOHN PARKER SENIOR INDEPENDENT
NON-EXECUTIVE DIRECTOR AND
VICE CHAIRMAN
APPOINTMENT

Sir John Parker has served as an Independent Non-Executive Director and Vice Chairman of the Company since 30 May 2007. He also acts as the Senior Independent Director.

Experience

He serves as Chairman of Anglo American plc and is a Non-Executive Director of Carnival plc, Carnival Corporation and Airbus Group. He previously served as Chair of the Court of the Bank of England, Non-Executive Chairman of BVT, Joint Chairman of Mondi plc, Chairman of National Grid plc, Non-Executive Director and Deputy Chairman and, subsequently, Chairman of P&O and as Vice Chairman of Port & Free Zone World. He is the President of the Royal Academy of Engineering. He was a Member of the Prime Minister’s Business Council for Britain. A British citizen, he is 71 years old.

COMMITTEES

Member of the Audit Committee, Chairman of the Nominations and Governance Committee, Chairman of the Remuneration Committee

JAMAL MAJID BIN THANIAH NON-EXECUTIVE DIRECTOR and
VICE CHAIRMAN
APPOINTMENT

Jamal Majid Bin Thaniah has served as a Director and Vice Chairman of the Company since 30 May 2007 and became a Non-Executive Director on 27 October 2009.

Experience

He joined Dubai Ports in 1981 and, from 2001, led Dubai Ports Authority. He also serves as a Non-Executive Director of Etihad Rail (Abu Dhabi) and as an Independent Non-Executive Director of Emaar Properties PJSC. He previously served as a Director of Port & Free Zone World FZE and he remains one of the two representatives of Port & Free Zone World FZE on the Board of DP World. A citizen of the UAE, he is 55 years old.

COMMITTEES

Member of the Nominations and Governance Committee

DAVID WILLIAMS INDEPENDENT NON-EXECUTIVE DIRECTOR
APPOINTMENT

David Williams has served as an Independent Non-Executive Director of the Company since 30 May 2007.

Experience

He is currently Joint Chairman of Mondi plc and Senior Independent Non-Executive Director of Meggitt plc. He previously served as a Non-Executive Director of Tullow Oil plc and P&O and Senior Independent Non-Executive Director of both Taylor Wimpey plc and George Wimpey plc. He has also served as a Non-Executive Director of Dewhirst Group plc and Medeva plc and as Finance Director of Bunzl plc. He is a qualified Chartered Accountant. A British citizen, he is 68 years old.

David Williams will retire from his position as an Independent Non-Executive Director of the Company, effective 28 April 2014.

COMMITTEES

Chairman of the Audit Committee, Member of the Nominations and Governance Committee, Member of the Remuneration Committee

DEEPAK PAREKH Independent Non-Executive Director
APPOINTMENT

Deepak Parekh was appointed as an Independent Non-Executive Director of the Company on 22 March 2011.

Experience

He is the Non-Executive Chairman of HDFC Ltd, GlaxoSmithkline Pharmaceuticals Ltd and Siemens India. He serves on the board of several other leading corporations including Vedanta Resources Plc, Mahindra and Mahindra, and The Indian Hotels Co Ltd. He is also a Member of AECOM Advisory Board and Standard Life Asian Advisory Board. He has been a member of numerous Indian Government appointed advisory committees and task forces on matters ranging from infrastructure reform, capital markets and financial services. In 2006, he was awarded the Padma Bhushan. In 2010, he became the first international recipient of the Institute of Chartered Accountants in England and Wales Outstanding Achievement Award, and received the “Knight in the Order of the Legion of Honour” one of the highest distinctions awarded by the French Republic. A citizen of the Republic of India, he is 69 years old.

COMMITTEES

Member of the Audit Committee, Member of the Nominations and Governance Committee, Member of the Remuneration Committee

MOHAMMED SHARAF GROUP CHIEF EXECUTIVE OFFICER
APPOINTMENT

Mohammed Sharaf has served as Group Chief Executive Officer since 2005 and as a Director of the Company since 30 May 2007.

Experience

He joined Dubai Ports Authority in 1992, and in 2001 he became Managing Director of DP World FZE. In this position, he oversaw the Group’s growth into an international business and performed central roles in developing its first international operations at the terminals of Jeddah (Saudi Arabia), Constanta (Romania) and Vizag (India) and in developing its national operations at Jebel Ali and Port Rashid terminals (UAE). He began his shipping career at Holland Hook terminal in The Port of New York/New Jersey and has more than 20 years’ experience in the transport and logistics business. He is also Chairman of Tejari World FZ LLC. He is Joint Vice Chairman of US-UAE Business Council and a member of the UAE-Canada Business Council Board. A citizen of the UAE, he is 52 years old.

COMMITTEES

Member of the Nominations and Governance Committee

YUVRAJ NARAYAN CHIEF FINANCIAL OFFICER
APPOINTMENT

Yuvraj Narayan has served as Chief Financial Officer of the Group since 2005 and as a Director of the Company since 9 August 2006.

Experience

He joined DP World FZE in 2004. He serves as a Non-Executive Director of IDFC Securities Limited. He previously served as Non-Executive Director of Istithmar World PJSC and as ANZ Group’s Head of Corporate and Project Finance for South Asia before becoming Chief Financial Officer of Salalah Port Services in Oman. He is a qualified Chartered Accountant and has a wealth of experience in the ports and international banking sectors. A citizen of the Republic of India, he is 57 years old.

CHO YING DAVY HO INDEPENDENT NON-EXECUTIVE DIRECTOR
APPOINTMENT

Cho Ying Davy Ho has served as an Independent Non-Executive Director of the Company since 30 May 2007.

Experience

Having retired from many of his Swire Group positions, he continues to serve as Director of several Swire Group entities relating to properties and cold storage. He previously served as Director of Cathay Pacific Airways Limited, Modern Terminals Ltd and Shekou Container Terminals Ltd and as Chairman of the Shipping Committee of the Hong Kong General Chamber of Commerce. A British citizen, he is 66 years old.

It was announced on 17 December 2013 that Cho Ying Davy Ho would retire from his position as an Independent Non-Executive Director effective 1 January 2014.

COMMITTEES

Member of the Audit Committee, Member of the Nominations and Governance Committee, Member of the Remuneration Committee