International logistics experts join Sri Lanka’s EFL to guide global expansion

ECONOMYNEXT – EFL, part of Sri Lanka’s Expolanka Group, now owned by Japan’s SG Holdings, has added three logistics experts with international experience to its management team.

Stephen Dearnley, Ram Menen and Mike Sherman have joined EFL, previously known as Expolanka Freight Ltd., as Independent Directors to the board led by its founder and President Hanif Yusoof, a statement said.
Dearnley has more than 35 years of experience in freight and logistics, and prior to retiring in 2011, was chief executive for DB Schenker Asia Pacific, a top global logistics provider.

Menen, from the air cargo industry, helped build Emirates as the world’s largest cargo carrier during three decades at the airline and retired in 2013 with his last role as Divisional Senior Vice President – Cargo.

With over 40 years of experience, Sherman has worked with some of the largest retail brands such as Limited Brands, Abercrombie & Fitch and Sony, having held leadership positions in both financial management and supply chain operations.

He last served as VP Transportation and Trade Compliance at Abercrombie & Fitch before retiring in 2017.

“All three Directors carry with them a wealth of experience, having led and grown international brands for over three decades. In their new roles, they will guide EFL’s global expansion strategy as the company establishes itself as Sri Lanka’s first international logistics brand,” the statement said.

“They each come from a different area of supply chain, and their collective insights and knowledge will drive EFL towards the next stage of our ambitious plans,” said Expolank group President Hanif Yusoof.

EFL first ventured overseas in 1993, going into Bangladesh, and has, since then, established over 55 offices in strategic locations across the globe.

The announcement of the three new directors follows the appointment of Peter Larsen last year as Chief Operating Officer to head all overseas expansions.
(COLOMBO, June 12, 2017)

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