The board of Hong Kong headquartered Wallem Group reports that CEO Frank Coles has resigned and will be leaving the Wallem Group shortly.
“As many will be aware,” says a Wallem statement, “Frank has been very active in highlighting the plight of seafarers during the COVID-19 pandemic and now wishes to become more involved in promoting their welfare, as well as pursuing other opportunities.”
Coles joined Wallem in September 2019, stepping down as Transas Leader at Wärtsilä, a role he had held since Wärtsilä’s 2018 acquisition of Transas, where he had been CEO.
“During his two and half years at Wallem Frank has initiated many changes aimed at enhancing customer service, obtaining operational efficiencies and improving safety,” says Wallem. “We wish Frank success for the future.”
On an interim basis, John Kaare Aune, Managing Director of Wallem Shipmangement Limited, will take over the CEO role at Wallem Group Limited.
Wallem Chairman Nigel Hill says, “We would like to thank Frank for his drive and commitment over the past two and a half years. The events of the past twelve months have brought the daily lives and work of seafarers into sharp focus and we wish him well in his new endeavors on their behalf. The Wallem team will continue the focus on enhancing our products by the use of technology and providing our partners and clients first class service.”
“I am proud of the changes I have brought to Wallem and for the advances we have made,” says Coles. “After all these years in the maritime industry I would now like to focus on putting something back and on the welfare and rights of seafarers.”