GEFCO appoints new executive Vice president for Strategy and finance

The GEFCO Group has announced the appointment of Pavel Ilichev as Executive Vice President for Strategy and Finance and member of the GEFCO Management Board.

Former Deputy Head of Corporate Finance at Russian Railways (RZD), Ilichev is expected to bring with him to GEFCO his financial and banking expertise and his experience in the transport and logistics sectors, in addition to his knowledge of the Russian market, a strategic area for GEFCO’s development. He is due to replace Philippe Cossé who retired after fifteen years within the GEFCO Group. According to the announcement, Ilichev is to pilot the Group’s performance and to guide the Group’s strategic decisions regarding financial matters, such as mergers and acquisitions.

Ilichev, said of his appointment, “I am glad to join GEFCO, a global player in logistics for manufacturers and the European leader in automotive logistics. Beyond its renowned expertise among global customers, GEFCO has a solid financial situation, which puts it in a good position to meet its ambitious growth strategy in an ever challenging sector.”

Ilichev began his career in the financial sector in 1997, when he integrated the InkomBank in Treasury Department. In 1999, he joined the BaltUnexim Bank. From 2002 to 2003, he was the Head of Asset Management Division at Ilim Pulp Enterprise, a pulp and paper manufacturer. In 2003 he become Head of Treasury of the rail transportation and logistics company Eurosib, then Chief Finance Officer from 2006 to 2009, in charge of the strategic management and diversification of the group’s activities, including the development of container terminals network. From 2009 to 2015, he held the position of Deputy Head of Corporate Finance at RZD.

Source: GEFCO Group