TT Club: Ulrich Kranich passes the baton
The liability insurance provider to the international cargo and logistics industry has announced that Morten Engelstoft (right) is to take over as chairman of both Through Transport Mutual Insurance Association (Bermuda) (‘TTB’) and TT Club Mutual Insurance (UK) (‘TTI’) on the retirement of the present incumbent, Ulrich Kranich (left).
Engelstoft has a depth of knowledge and vast experience in operations that are at the core of TT Club’s membership base. He spent thirty-six years in various positions and in three regions within Maersk and retired from the position of CEO of APM Terminals in June 2023.
Kranich retires from his position as director and chairman of the Club after sixteen years at the helm. Charles Fenton, CEO of TT Club: “Kranich’s insight and wise advice has been fundamental to TT’s continued success in this period.” (cj)