CEC Systems appoints Hans van der Vlugt as Group COO & CFO

CEC Systems is pleased to announce the appointment of Mr Hans van der Vlugt as Group Chief Operating Officer and Chief Financial Officer with immediate effect. Hans joins CEC Systems from Landmark Capital Pte Ltd, a boutique venture capital firm.

While at Landmark Capital, Hans acted as a management consultant to the group and a member of the Board of Directors for portfolio companies active in the LNG Shipping sector and IP licensing environment, before moving to Australia. Over the past 15 years Hans has worked both on the industry side as well as for financial institutions with organisations including Modex Energy, Pareto Securities, and DVB Bank. He was previously based out of Singapore, Brazil, London and the Netherlands. His international background is a combination of industry management experience, corporate finance, investment banking and project finance expertise towards the intermodal, shipping and transportation sectors.

While at Modex Energy Ltd, Hans was responsible for driving the organisation’s strategic transformation from a start-up offshore container manufacturer into the world’s fifth largest offshore container lessor operating a fleet of over 15,000 units worldwide. He subsequently advised the founding shareholders on several corporate acquisitions and was appointed Country Head and Director of Modex Energy do Brasil Serviços Ltda. which he established in Rio de Janeiro.

Nicholas Press, Chief Executive Officer and Chairman of the Board of Directors of CEC Systems said: “CEC Systems is an industrial technology company that is fast moving forward with proprietary designs that offer sustainable value propositions to the entire lifecycle of the container ecosystem. We are currently in a stage of rapid growth resulting from increased demand for our products. Hans brings with him strategic and operational experience combined with a solid track-record in finance. His appointment complements CEC Systems’ strong shipping and logistics expertise and sets us up to deliver further robust outcomes for our customers, people and shareholders”.

Hans holds an executive MSc in Finance and Control from VU University in Amsterdam, is a member of the Chartered Institute of Management Accountants (CIMA) and the Association of Chartered Controllers (VRC) in the Netherlands. He also holds a postgraduate degree in Shipping, Trade and Finance from Cass Business School in London and a bachelor’s degree in engineering. He started his career as an officer in the Merchant Navy.