UPS, a global leader in logistics, has appointed Mark Vale as its president of growth and emerging markets.

In his new role, Vale and his team will expand and enhance the company’s market reach and global capabilities to better serve customers doing business in emerging and developing markets around the world, said a statement from the company.

He succeeds Derek Woodward, who retired after 32 years of service to UPS, it said.

Vale joined UPS in 1988 in London and has held various finance and accounting assignments in the UK, Spain, Italy, Germany, Belgium and the US. He developed the company’s pan-European growth strategy and was the corporate controller and international chief financial officer, it added.

Jim Barber, president of UPS International, said: “Vale brings the global insight, experience and leadership that will help lead UPS to its next phases of expansion.”

“We continue to increase and enhance our international product and facility footprint, driven by cross-border and local market growth,” he said.

“The World Bank forecasts suggest emerging markets and developing economies are poised for accelerated growth of 4.2 per cent in 2017, compared to global growth estimates of 2.3 per cent,” he added.

“Connecting customers to economic opportunities requires a network of logistics and supply chain experts. We look forward to him helping align our company’s global capabilities to meet customers’ needs,” Barber concluded.

Speaking on his appointment, Vale said: “I am looking forward to focusing on helping our customers connect to emerging markets throughout the world.”

“This is where new trade corridors are being developed and fresh opportunities are opening,” he said.

“I am extremely encouraged by the dynamism and passion I see at our organisation to help customers and countries reach their potential in growth and emerging markets,” he added. – TradeArabia News Service