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Mr. Soren Sjostrand Jakobsen joined the Board in January 2017 and holds the position as Executive Director and portfolio manager for APM Terminals Russia Portfolio. He furthermore holds a number of board positions in other joint venture terminals where APM Terminals are partners, including 2 other stock listed companies. Prior to taking up the portfolio management position in Dubai in 2003, Soren was Global Head of Project Implementation based in the APM Terminals headquarter in The Hague, responsible for implementation of all new port investments of APM Terminals. Soren has been in the A.P. Moller - Maersk Group for more than 40 years and has worked with most business units in the Group, the last 16 years in APM Terminals. He has spent about 22 years outside of Denmark including postings in Panama, USA, Belgium, The Netherlands, and Dubai.