The Baltic Exchange has announced that Mark Jackson – currently chief commercial officer of AM Nomikos Group and a former chairman and director of The Baltic Exchange – will become its next CEO in early 2017.
He replaces the current CEO Jeremy Penn, who recently announced his intention to stand down this summer.
On Monday, Baltic Exchange shareholders approved the implementation of a ‘Scheme of Arrangement’, whereby a wholly owned subsidiary of Singapore Exchange Limited (SGX) will acquire The Baltic Exchange, subject to the satisfaction of certain conditions.
Jackson is expected to play a key part in the development of the Baltic Exchange under its new owners.
“It’s a great pleasure to be taking on this important role at such an exciting time in the history of the Baltic. I am excited by the plans SGX has for the Baltic, and look forward to using my knowledge and experience to ensure it continues to develop and serve the international shipping community,” said Jackson.
