Mr. Turnbull joined the Pacific Basin Board as an INED in 2006 and was appointed Chairman and an Executive Director in 2008. He previously spent 30 years with the Swire Group where he held various senior management positions. He was chairman of Swire's Hong Kong-listed companies Swire Pacific, Cathay Pacific Airways and Hong Kong Aircraft Engineering Company and was a non-executive director of Greka Drilling Limited (previously London AIM-listed) between February 2011 to October 2017 and London-listed G3 Exploration Limited between July 2006 to July 2018.

Cambridge University: Master of Arts degree in Economics

Appointed INED in May 2006
Appointed Chairman in January 2008 and Executive Director in July 2008
Current term expires at the 2020 AGM

INED of Hong Kong-listed The Wharf (Holdings) Limited

Executive Committee

The Chairman oversees the executive team and meets regularly with the CEO to discuss the operations of the Group. He has in the past provided continuity of management during periods of change, hence safeguarding long-term management leadership. The Chairman is responsible for reviewing proposed plans for the Group prior to presentation to the Board. His review focuses on the long term strategic matters such as capital structure and fleet growth as well as the more immediate operational matters related to debt levels, cash flow, cash balances, risk assessment, other required capital expenditure as well as shareholder considerations.

Mr. Fruergaard joined Pacific Basin as an Executive Director in July 2021. He previously spent 26 years with A.P. Moller-Maersk A/S in Copenhagen and Houston, starting in 1989 at Maersk Tankers followed by the group’s gas carrier operation until 1995, before occupying managerial and leadership positions including senior director of Maersk Bulk Carriers, senior vice president of Maersk Tankers, and chief commercial officer of Maersk Drilling. From 2015 to June 2021, he served as chief executive officer of gas tanker owner and operator Ultragas.

International Institute for Management Development: EMBA degree
Various executive courses at IMD and Harvard Business School
Advanced Management Program at Harvard Business School

Appointed Executive Director in July 2021 for 3 years, subject to re-election at the 2022 AGM

None

Executive Committee

Mr. Schulz joined Pacific Basin as the Group’s Chief Financial Officer in August 2017. He has a banking background having served from 1996 to 2012 in various M&A and corporate finance roles in Stockholm, London and Hong Kong with SEB, Dresdner Kleinwort, ABN AMRO/RBS and Royal Bank of Canada. Most recently, he served as chief financial officer of BW Pacific Limited, a product tanker company based in Singapore.

Stockholm School of Economics: Master of Science in Economics and Business Administration
Erasmus University Rotterdam School of Management: International Marketing and International Business

Appointed Executive Director on 30 July 2018
Current term expires at the 2022 AGM

None

Executive Committee

Mr. Schulz is responsible for Group finance and accounting, investor relations, risk management and corporate governance and compliance