Allegro Funds is pleased to announce the appointment of Christine Holgate as future group chief executive officer of Global Express.
Holgate will lead the transformation strategy for the growing parcels and logistics organisation upon Allegro completing its acquisition from the owner, Japan Post.
“I am honoured to be joining the Global Express team. I believe strongly in the potential of the business and have great respect for both the employees of Global Express and Allegro,” Holgate said.
“In recent times Global Express has faced challenges and there is lots of hard work ahead of us. However, the combination of new funding, a focused local leadership team, a strong position in growing markets and the turnaround expertise of Allegro, will ensure the business is successful.
“As the world emerges from Covid, it is critical that we build more resilience in our logistics networks across Australia and New Zealand. E-commerce in Australia still trails comparable countries at around 15% of sales. The retail sector’s future success will depend greatly on Global Express providing the competitive delivery service necessary to underpin expansion,” she said.