Gulf Petrochem appoints John Phillips as Head of Credit Risk

Gulf Petrochem today said it has appointed John Phillips as Head of Credit Risk for the group's bunkering division.
"With over 30 years experience in the maritime sector, John is a well known expert in the industry and will focus on areas such as credit management (focused on bunker business), credit insurance and bunker business development," the company said in a statement here.
Before joining Gulf Petrochem, he held the role of Global Head of Credit and Director at Soyuz Bunkering Group (Singapore) Pte Ltd, handling customer selection and promotion as well as liaising with legal departments and insurers on ship arrests and insurance claims.

Prior to this, Phillips worked for Chemoil Energy Ltd, where he was responsible for the creation, implementation and management of global credit and counter party risk policy.
Prerit Goel, Group Director said, "John has a strong proven track record of executing corporate strategy, business development, driving operational efficiency and delivering value to all stakeholders in bunker segment. His appointment will help the company focus on delivering the next level of growth from its assets."
UAE-headquartered Gulf Petrochem Group is a leading player in the oil industry, specializing in oil trading and bunkering, oil refining, grease manufacturing, oil storage terminals, bitumen manufacturing, and shipping and logistics.