French container shipping company CMA CGM has appointed Michel Delville as Chief Financial Officer (CFO).

The group said that its former CFO, Michel Sirat, will continue to support CMA CGM in strategic development missions.

Michel Delville was CFO of the Saft Group, a France-based high technology batteries manufacturer. Prior to this, he was CFO and member of the Executive Committee at Imerys, which he joined in 1999.

Delville started his career at the Schlumberger group where he held various financial responsibilities in France and abroad for ten years, according to CMA CGM.

“Michel Sirat played a critical role in reinforcing the financial strength and flexibility of the group leading major projects,” CMA CGM said.

These projects include CMA CGM’s financial reorganization completed in 2013 as BPI France entered into CMA CGM capital, the issue of bonds in 2013 and 2015 as well as the acquisition of Neptune Orient Lines Limited (NOL).

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