Michael Parker

Citigroup

Chairman Global Logistics, Shipping and Offshore

Michael Parker joined Citibank N.A. in London in September 1977. Michael Parker was recently appointed Chairman of Citi’s Global Shipping, Logistics and Offshore business having been Global Industry Head since 1997 until now. Vice-Chairman of Corporate & Investment Banking (EMEA) and Chairman Corporate Banking EMEA.

During his 36 years of involvement with shipping finance, Mr. Parker has been a regular conference chairman, speaker or panelist. Under his leadership, Citi receives recognised industry awards across the different areas of shipping finance and he was named Marine Money’s Dealmaker of the Year in 2012. In March 2015 in New York: Capital Link Leadership Award “in recognition of Michael Parker’s unique and extensive contribution to the shipping industry”. Mr. Parker chaired the London Committee of Intercargo for a number of years and is involved in UK maritime matters as they pertain to finance and served on the Expert Panel advising the UK Department for Transport on the UK 2050 Maritime Strategy. In 2015, 2017, and 2019 he served on the Advisory Board of London International Shipping Week. In 2017 he was appointed to the Board of The Global Maritime Forum. Chairman of the Steering Committee of the Poseidon Principles launched in New York in June 2019 and elected first Chairman of the Poseidon Principles Association in 2020.

SESSIONS WITH Michael Parker

Friday, 25 June

  • 02:25pm - 02:55pm (CET) / 25/jun/2021 12:25 pm - 25/jun/2021 12:55 pm

    Climate and Energy

    Financing Decarbonization of Shipping

    Virtual

    With the recent submissions of key IMO member states and NGOs to MEPC 76 urging the imposition of market-based measures to finance and accelerate the decarbonization of shipping, will the USD 5 billion "moonshot" be enough? What are advanced charterers, owners and other maritime partners already doing in order to push decarbonization forward ? How realistic are the IMO 2050 targets and what are the principal barriers to reaching them ?