14 Jean-François Condamine
President, UPS Indian Subcontinent, Middle East and Africa District, UPS
Year of establishment: 1907 in Seattle, USA
Total employees: 444,000 worldwide
Years in the company: 26 years
Location of head office: ISMEA Headquarters in Jebel Ali Free Zone (South), Dubai, UAE and World Headquarters in Atlanta, USA
Taking on the newly created position of regional president for Indian sub-continent and MEA, in 2013, Jean-Francois Condamine heads 70 high growth markets.
In 2015 international operating profit of $2.2bn was achieved the highest ever and in July of this year, UPS announced its sixth consecutive quarter of double-digit growth. Total global revenue was $14.6bn, up 3.8% over the same quarter last year.
Joining UPS in 1990, Condamine worked his way through the ranks of centre manager to country manager and even participated in the launch of the Pan European network with the implementation in France of a feeder transportation plan improving the efficiency of UPS European ground transport.
Regionally, 2016 has been strong with the inauguration of a new service centre in Kuwait in June and the launch of a wholly owned subsidiary in Morocco; a strategic choice given Moroccos ability to help better connect the European and African continents. UPS now is the most highly capitalised logistics company in Morocco. In East Africa, a partnership was extended with Kenyas Freight In Time and UPS Worldwide Express Freight service expanded to nine new countries: Bahrain, Bangladesh, Kuwait, Malta, Morocco, Pakistan, Qatar, Sri Lanka, and Tunisia.
Condamine says: Trade between African countries represents only 11% of total African exports and imports. And here we see enormous potential for Africa to trade more with itself and the world given the continents young and growing labor force, an asset not to be undervalued given the otherwise ageing world population. And with a digital revolution underway, Africas largely untapped internal markets represent opportunity, especially as household consumption continues to grow. In light of all of this, it should become clear why we have focused on our footprint in Africa.